Baidu (BIDU) launches Apollo Go Robotaxi service in Beijing in a bid to expand its share in the self driving space. ( read original story …)
Tagged By banking
China’s central bank stresses its central role in new sovereign digital currency
China is developing a sovereign digital currency with the primary goal of defending the state’s monopoly on minting money, meaning the central bank will play a central role in the issuance and … ( read…
Beijing Enterprises Holdings Limited — Moody’s assigns Baa1 to Beijing Enterprises Holdings’ proposed Euro bond
Moody’s assigns Baa1 to Beijing Enterprises Holdings’ proposed Euro bondRead the full article at Moody’s … ( read original story …)
China makes progress in regulating banking sector
China’s continuous efforts to crack down on illegal activities in the banking industry have achieved desired effects, an official with the country’s top banking authority said Monday. The market order … ( read original story…
Senior HSBC mainland China banker defects to Bank of America
Former senior HSBC mainland China banker Zhang Wenjie has jumped to Bank of America as a managing director and president of China, helping the Charlotte, North Carolina-headquartered bank navigate the … ( read original story…
Chinese banking sector’s new yuan loans up in first 8 months
(Xinhua) — The Chinese banking industry’s new yuan-denominated loans hit 14.4 trillion yuan (about 2.11 trillion U.S. dollars) in the first eight months of the year, according to the China Banking … ( read original…
China braces for a wave of financial distress
A lot of the mergers that are happening are not even making the news Alicia Garcia-Herrero, Natixis It was the second time in 12 months that a bank linked to Xiao was seized by the…
HICOOL Global Entrepreneur Summit and Entrepreneurship Competition Concludes with Business Fest in Beijing
After rounds of intense contests starting from May 15, the HICOOL Global Entrepreneur Summit and Entrepreneurship Competition (HICOOL) concludes on September 12 in Beijing. ( read original story …)
China opens anti-subsidy probe on some U.S. glycol ethers imports
China’s commerce ministry said on Monday it launched an anti-subsidy investigation on some glycol ethers imports from the United States starting from Sept. 14. China had in late August launched an … ( read original…
China Clamps Down on Finance Arms of Ant, Other Giants
China is tightening rules and imposing capital demands on sprawling empires such as Ant Group and China Evergrande Group in its latest attempt to curb risks in the nation’s $49 trillion financial … ( read…
China’s Aug new bank loans rise more than expected, broad credit growth quickens
Chinese banks extended more new loans in August than expected, while broad credit growth quickened, pointing to continued policy support as the economy recovers from a record coronavirus -induced … ( read original story …)
Two foreign-funded financial institutions land in Beijing
Granting approval for the establishment of Ueda Yagi Money Brokerage China is an important joint move by the China Banking and Insurance Regulatory Commission and the commission’s Beijing Office to … ( read original story…
China reveal: How Beijing plans to use new project in bid for world domination
CHINA may “weaponize” its new infrastructure projects to move its military to strategic positions, according to a leading US think-tank. ( read original story …)
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