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MOVES Credit Suisse promotes Hu to China chief executive
Credit Suisse (CSGN.S) has appointed Janice Hu to become its China chief executive, according to a statement from the bank on Friday.
China rebukes UK threat for political boycott of Beijing Winter Olympics
China has rebuked the UK calls to boycott the 2022 Beijing Winter Olympics, saying any such practice “is doomed to fail”. The Foreign Affairs Committee said on Thursday the Government should boycott …
Beijing Shows Off Olympic Venues
Capital Group falls under the Beijing municipal government. It is active in municipal infrastructure construction, real estate, finance, industrial technology, commerce and trade, tourism and hotels.
China economic policy easing ‘would be no surprise’ after Beijing signals rate cut
If the central bank follows through, the move would be China’s first cut to the reserve requirement ratio in more than a year, and analysts say it would boost financial support for the real economy.
Analysts Say China Finance Online Co. Limited (NASDAQ:JRJC) Can Really Get to $45 in 12 Months
In recent trading session, China Finance Online Co. Limited (NASDAQ:JRJC) saw 804,736 shares changing hands at last check today with its beta currently measuring 1.56. Company’s recent per share price …
Hunan Vice Governor Appointed Vice Minister of Finance
Zhu Zhongming, a vice governor of Hunan province, has been named a vice minister at the Ministry of Finance in Beijing, where he will be responsible for several departments including agriculture and …
Asia public entities, led by China, supplied over 90% of cross-border coal power funding in 2013-2018 -research
Asian public financing entities provided more than 90% of the funding for all new cross-border coal-fired power projects around the world excluding China in the period 2013-2018, according to a new …
China’s central bank confident of expanding digital yuan program
BEIJING, July 8 (Xinhua) — China’s central bank said Thursday it is confident of continuing to expand the pilot program of digital yuan for which the upcoming Beijing Winter Olympics will be an …
China Pivots on Central Bank Easing as Fed Heads for Taper
China made a surprise shift Wednesday by signaling the economy needs additional central bank support, a warning for the rest of the world about how circuitous the exit route from the Covid-19 pandemic …
China’s central bank is ‘quite worried’ about global risks from some digital currencies
Fan added the central bank’s invite-only test of the digital yuan now has more than 10 million users. Separately, Fan said the PBoC will apply measures it took on Ant Group to other entities in…
China c.bank says will keep yuan stable to help exporters
China will continue to keep its currency stable and make timely adjustments to its policy tools to help struggling exporters, a central bank deputy governor said on Thursday. BEIJING, July 8 (Reuters) …
China’s central bank worried about stablecoins’ risk to financial systems
While Visa and other major private payments networks see the potential of stablecoins, China’s central bank believes they pose serious risks to global financial systems. The Chinese central bank …