China has further optimized the regulation of financial leasing companies to prevent financial risks, improve financial services, and promote high-quality development of the industry.
Tagged By finance
Xinhua News | China’s financial institutions report 7 pct growth in total assets
Total assets of China financial institutions rose to 48064 trillion yuan about 6803 trillion US dollars as of the end of June this year accordi …
China’s central bank conducts $80.96 billion via reverse repos
China central bank conducted 5719 billion yuan about US8096 billion of seven-day reverse repos at an interest rate of 17 percent Friday …
China’s Banks Maintain Key Lending Rates as PBOC Stays Put
Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.
Finance Chief of Troubled China Province Dies in High-Rise Fall
The finance chief of China’s central Hunan province fell to her death from a high-rise building Thursday, local media have reported, in what’s being investigated as a criminal matter.
World Street | S&P 500 at record high, China, BoE keep interest rates steady, and more
Some of the top global developments include US markets ending higher overnight after Fed’s 50 bps rate cut booster, followed by China and Bank of England opting to keep interest rates unchanged …
CDB Leasing to Buy 50 Boeing Max Jets in Second Major Order
China Development Bank Financial Leasing Co. agreed to buy 50 Boeing Co. 737 Max jets, the company’s second major order in as many weeks as it adds newer, more fuel-efficient planes to its fleet.
Boeing Wins Order For 50 737-8s From China’s CDB Aviation
Boeing Wins Order For 50 737-8s From China’s CDB Aviation is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Beijing’s sub-center pursues high-quality development
Beijing’s sub-center in Tongzhou district is making sound progress in high-quality development, featuring solid investment, booming industries, prosperous culture and tourism, and coordinated regional …
China Budget Spending Slide Deepens in Worrying Sign for Economy
China’s broad budget expenditure shrank at a faster clip amid an unprecedented drop in income earned by local governments from land sales, an alarming sign for an economy desperately in need of fiscal …
China’s retirement-age changes force rethink of life plans to work longer and save smarter
At a time when consumption confidence is lacking in China, professionals express mixed feelings about working longer in life.
China’s tariff suspension: Taiwan calls for WTO norms amid rising tensions
By bno – Taipei Office In a significant escalation of cross-strait tensions, the Chinese Finance Ministry announced on September 18 that it will suspend tariff exemptions for 34 agricultural and …
China unexpectedly leaves lending rates unchanged despite Fed’s outsized rate cut
SHANGHAI – China unexpectedly left benchmark lending rates unchanged at the monthly fixing, confounding market expectations that were primed for a move after the Federal Reserve delivered an outsized …