Total online shopping sales in China are set to pass US$1 trillion in 2018, whilst cross-border online purchases will exceed US$125 billion, finds new Frost & Sullivan study SINGAPORE, May 14, 2018 /PRNewswire/ — China’s…
Tagged By banking
China’s night-owl retail investors leverage up to dominate oil futures trade
Market regulator China Securities Regulatory Commission (CSRC … That’s Liu – the Nanjing banker. He said he can handle the financial losses and his wife, though angry, did not blame him. From now on though,…
China’s Economy Chief Flying to U.S. After Trump’s U-Turn on ZTE
finance and foreign affairs ministries, as well as the central bank, one of the people said. Both asked not to be identified because the schedule isn’t public. More from Bloomberg.com: Trump in Reversal Says U.S.…
Nigeria-China Trade: Having Banking Representative Offices in Beijing
1. First Bank of Nigeria Plc opened a representative office in Beijing, China – June 2010. 2. Ecobank Transnational Incorporated opened a representative office in Beijing, China – December 2012 3. Access Bank Plc opened…
China’s financial opening up attracts global investors
BEIJING – China’s latest opening-up measures in the financial sector have attracted more global investors to China’s high-quality growth. Last week, Japan’s largest securities trader Nomura became the first foreign player planning to set up…
China April new loans rise but shadow lending shrinks
China’s banks extended a record 13.53 trillion yuan in new loans last year, 7 percent more than the previous record in 2016, as authorities sought to support domestic activity even as they clamped down on…
China’s Didi apologizes after killing of passenger sparks safety fears
BEIJING/SHANGHAI (Reuters) – China’s biggest ride-sharing company apologized on Thursday over the killing of a passenger, apparently by her driver, and said it had to win back the trust of users after a “tragedy” that…
Bloomberg hosts exclusive Future of Finance event with Henry Paulson
Bloomberg hosted a private luncheon in Beijing this week with over 50 senior executives coming together to discuss the Future of Finance with Henry Paulson, where he spoke about the imperatives of green finance, US-China…
Wall Street banking giant JP Morgan looks to expand in China
Wall Street titan JP Morgan Chase has become the latest firm to apply for a controlling stake in a Chinese securities venture, taking advantage of new rules Beijing put in place last month as part…
China Credit Growth Beats Estimates as Economy Maintains Pace
China’s broadest measure of new credit exceeded estimates and loan growth picked up, signaling that the economy remains robust into the second quarter. Aggregate financing stood at 1.56 trillion yuan ($246 billion) in April, the…
China moves to strengthen financial ties to Japan in face of US trade war threat
China and Japan have moved to strengthen their financial ties with each other amid the looming threat of a trade war with the United States. The two countries have been working to improve relations despite…
Four banks to support Beijing rural land-for-rental housing plan
The commission said the four banks — Huaxia Bank and the Beijing branches of China Development Bank, Agricultural Bank of China and China Construction Bank — can grant loans for up to 80 percent of…
China Merchants Bank Faces Suit Over Racial Discrimination
China Merchants Bank Co. was accused of discriminating against African-Americans in a lawsuit filed on behalf of a former executive who claims she was fired for blowing the whistle on its conduct. The Shenzhen, China-based…
ADVERTISEMENT
