BEIJING, Oct. 30, 2017 /PRNewswire/ — Sunrise Kempinski Hotel, Beijing & Yanqi Island offers Yanqi • Ski Vacation Package from 1 st December. Located 60 km north of Beijing’s city centre, Sunrise Kempinski Hotel, Beijing…
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Xi Appoints New Leader to Run China’s Biggest Financial Hub
Moves expand Xi’s options for remaking China’s top leadership One is China’s most reliable political springboard, the other is its largest regional economy. Both got new party chiefs in a weekend reshuffle that expands President…
BRIEF-Agricultural Bank of China posts Q3, Jan-Sept financial results
* Says Q3 net profit up 4.9 percent y/y * Says 9-month net profit up 3.8 percent y/y * Says bank’s tier 1 capital adequacy ratio at 11.13 percent at end of Sept * Says…
Beijing investment bank: why the bears are wrong about China’s economy
Those who fear China is headed for a hard landing or a deep depreciation of its currency have overestimated the country’s debt problem and underestimated its potential to urbanise, according to a leading Chinese investment…
China Biggest Financial Hub, Provincial Economy Get New Leaders
Moves expand Xi’s options for remaking China’s top leadership One is China’s most reliable political springboard, the other is its largest regional economy. Both got new party chiefs in a weekend reshuffle that expands President…
China’s central bank drama
But the sexagenarian foremost on investors’ minds these days should be Zhou Xiaochuan, a lame duck as governor of the People’s Bank of China. Beijing’s most forceful economic reformer turns 70 in January, and it…
Embassy to Help Remove Banking Hurdles in China
After reports emerged that the banking woes of Iranian citizens in China have resurfaced and they are increasingly finding their accounts closed, the Iranian Embassy in Beijing announced that it is determined to resolve the…
China central bank boosting oversight of loans offered on the internet – media
This year, the People’s Bank of China has added wealth management products to its regulatory oversight as it seeks to contain risks to the financial system. (Reporting by Dominique Patton and Muyu Xu; Editing by…
Liberals table budget bill to join China’s Asian Infrastructure Investment Bank
The Liberal government has introduced a second large budget bill that includes a new law establishing Canada’s participation in the Beijing-based Asian Infrastructure Investment Bank. Bill C-63, Finance Minister Bill Morneau’s second budget bill of…
Crisis or Stagnation: Why China Cannot Deleverage
“China requires 6.5 units of capital to create one unit of gross domestic product growth, double the ratio of a decade ago”, according to UBS and the Financial Times. The situation worsens with households. Household…
China’s HNA in talks to buy e-commerce firm Dangdang likely valued over $1 billion: sources
Financial terms are not yet finalised and the talks could still … cosmetics, clothes and furniture. China is the world’s largest e-commerce market. Online retail as a percentage of total retail has grown steadily in…
China Internet Nationwide Financial Services Inc. Launches Supply Chain Financing Services
BEIJING, Oct. 25, 2017 /PRNewswire/ China Internet Nationwide Financial Services Inc. (CIFS) (“CIFS” or the “Company”), a leading financial advisory services company, today announced the expansion of its service offerings with the launch of its…
Financial expert lives on cutting edge of change
said he is fortunate to be playing a role in the reform and opening-up of China’s financial sector. Zhang, 41, is one of the first people enterprises visit when in need of financing solutions or…
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