Last Friday, the People’s Bank of China briefed media on China’s financial reform and developments on the sidelines of the Two Sessions in Beijing. Officials attending the press conference included: Zhou Xiaochuan: Governor of the…
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China's Ant confident of closing MoneyGram deal: executive
Ant, which dominates China’s online payment market but has been ramping up … So I would expect to see some other partnerships this year,” Feagin said. Ant Financial is currently in talks with Indonesian media…
Shadow Lending Threatens China’s Economy, Officials Warn
BEIJING — The chairman of China’s biggest bank and a senior Chinese insurance regulator issued strong warnings on Saturday about the dangers of shadow banking to the Chinese economy, in the latest signs of growing…
Beijing to expand funding for reducing air pollution
The municipal government plans to spend up to 18.2 billion yuan ($2.6 billion) this year on stronger pollution-control measures, the Beijing Finance Bureau said. In 2014, the special allocation for air pollution was 12.9 billion…
North Korea, South China Sea on Tillerson agenda in Beijing
BEIJING (AP) — U.S. Secretary of State Rex Tillerson arrived in Beijing on Saturday for his first face-to-face talks with Chinese leaders expected to focus on North Korea’s nuclear program, trade and South China Sea…
China loosens some license requirements for foreign banks
SHANGHAI China’s banking regulator scrapped license requirements for foreign and joint-venture lenders in the country for treasury bond underwriting, custody and advisory services among other services on Friday. The move comes as President Xi Jinping…
China’s cautious financial opening up does not make it an enemy of the US
Last month, China commemorated the 20th anniversary of the death of Deng Xiaoping ( 鄧小平), the chief architect of the economic reform and opening up that catapulted the country to the top rungs of the…
China Aviation Oil Singapore : Date of Release of 2017 First Quarter Unaudited financial Results
Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format) DATE OF RELEASE OF 2017 FIRST QUARTER UNAUDITED FINANCIAL RESULTS China Aviation Oil…
China's Ant confident of closing MoneyGram deal: exec
BEIJING (Reuters) – Ant Financial Services Group … so we definitely want to have that capability,” Feagin said. Ant, which dominates China’s online payment market but has been ramping up investment overseas amid fierce rivalry…
China following US path on its way to higher rates
In China, officials are concerned about rampant asset bubbles, fed by a gush of cheap, post-financial crisis cash that found its way to investments from stocks and bonds to artwork and real estate. The People’s…
China Art Financial Announces 2016 Annual Results
HONG KONG, Mar 17, 2017 – (ACN Newswire) – China Art Financial Holdings Limited (“China Art Financial” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1572.HK), the leading art finance service provider…
U.S. to confront trade partners at global finance meeting
Last year’s gathering of the G20 finance ministers in Chengdu, China, issued a statement opposing “all forms of protectionism.” This time, such unequivocal language could be softened to refer to trade that is “open” and…
China, following Fed, lifts short-term rates to steady yuan, battle debt
SHANGHAI China’s central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates…
