BEIJING — China’s judicial and procuratorial organs stepped up efforts in 2020 to crack down upon financial crimes and offences to provide legal guarantees for the finance sector, according to work … ( read original…
Tagged By banking
The green finance challenge facing China’s banks
The vast majority of Chinese financial institutions lack knowledge of climate risks and the opportunities of carbon finance.. Read more at straitstimes.com. ( read original story …)
China is among ‘most active’ markets for mergers, Deutsche Bank top banker says
Transaction sizes are smaller, but the number of deals in Asia has picked up significantly compared with the start of 2020, according to Deutsche Bank’s Mayooran Elalingam. ( read original story …)
Beijing accuses Canberra of ‘reckless obstruction’, warns of trade impact
Beijing has accused Australia of “reckless obstruction” and warned its products are in the crosshairs of Chinese consumers. ( read original story …)
Why China Can’t End Its Romance With GDP Growth Target
In a battle between those who love or hate China’s economic growth target, a compromise appears to have emerged: a goal low enough to be more easily ignored. ( read original story …)
China Traders Turn to Bank Stocks as Market Darlings Plunge
China’s most-shunned sector is getting a rare moment in the sun as investors seek shelter from a rout in the market’s darlings. ( read original story …)
Vice-premier describes Hong Kong electoral overhaul as a ‘battle’ against subversion during meeting in Beijing
Attendees at the meeting say Vice-Premier Han Zheng made a case for the necessity of the changes to avoid a repeat of the social unrest of 2019. ( read original story …)
Beijing 2022: European ski resorts bank on successful Winter Games to increase Chinese tourism arrivals
The Chinese winter sports industry has grown at an unparalleled rate since Beijing was awarded the 2022 Winter Games in 2015. ( read original story …)
China science: 7 sectors to get extra R&D funding, support as Beijing pushes for global leader status
Artificial intelligence and quantum information are among the seven key areas China has identified as priorities for development as it seeks to become a global leader in the scientific field by 2035. ( read original…
Watch: Bank of China’s Hu Beihei and OIN’s Venkatesh Hariharan to talk about banking model in China at ‘The Future of Banking’
China is a step ahead in the case of banking today. The country started exploring the possibility of digital currency in 2014. It is reported that the country is in an advanced stage in this…
China Vows Oversight of Fintech, Financial Holding Firms
China plans to step up oversight of financial holding companies and the nation’s booming fintech industry, Premier Li Keqiang said, setting the tone for closer scrutiny over the next five years of … ( read…
China boosts defense spending by 6.8% amid debt, pandemic
China is increasing its defense spending by 6.8% in 2021 as it works to maintain a robust upgrading of the armed forces despite high government debt and the impact of the coronavirus pandemic. ( read…
China GDP: Beijing sets moderate 2021 economic growth target as focus shifts to debt reduction
Chinese Premier Li Keqiang confirmed a gross domestic product (GDP) growth rate target of ‘above 6 per cent’ for this year during Friday’s National People’s Congress. ( read original story …)
