China’s banking and insurance regulator is set to release a paper that will discuss the commercial banking industry’s involvement in the insurance industry. — Note: Reuters has not verified this story … ( read original…
Tagged By finance
China Wants Its Stock, Bond Markets to Step Up Funding Role
“We need to create a strong capital market,” Guo Shuqing, the country’s chief financial regulator, said at the National People’s Congress, China’s top legislative session which wrapped up last week. … ( read original story…
Dilemma for Widodo as China casts shadow on Indonesia polls
But there is one topic in the Islamic world that remains taboo — China’s incarceration of an estimated 1m Muslims in the western territory of Xinjiang. In an interview with the Financial Times, the ……
China plans to offer investment education in schools across country
Pan Xuzhao, a teacher at Guangzhou No 16 Middle School who was involved in putting together a financial management course textbook, told China Youth Daily it was a useful skill to have since many ……
BRIEF-China Demeter Financial Investments Announces Regarding Disposal Of Fund
March 15 (Reuters) – China Demeter Financial Investments Ltd : * UNIT ACCEPTED OFFER FROM INDEPENDENT THIRD PARTY, TO PURCHASE 736.217 FUND SHARES HELD BY EAST GAIN * DEAL FOR HK$6.6 MILLION … ( read…
Italy eyes loans from China-led development bank
Italy is considering borrowing from China-led Asian Infrastructure Investment Bank as part of plans to become the first G7 country to endorse Beijing’s contentious Belt and Road global investment … ( read original story …)
In Communist Party-run China, promised cutbacks and a new economic playbook from the political right
China, the global heartland of socialist capitalism … “The central government will ask designated financial institutions and some enterprises directly under the central government to turn in a … ( read original story …)
China’s premier says ready to use more policy tools to help economy
BEIJING (Reuters) – The Chinese government has additional monetary policy measures that it can take to support economic growth this year, and will even cut “its own flesh” to help finance large-scale … ( read…
Microsoft says facial recognition firm that Beijing allegedly uses to track Muslims is lying about a ‘partnership’
Microsoft denied that it has any connection with a controversial Chinese facial recognition app that rights groups say is being used by Beijing to track minority Muslims in China. The company, called … ( read…
China stocks climb on premier’s growth support pledge
CSI300’s financial sector sub-index was higher by … up board ChiNext Composite index was higher by 0.8 percent. ** China will not let economic growth slip out of a reasonable range amid … ( read…
Italy eyes loans from China’s development bank for BRI projects
China’s BRI plans aim to finance and build infrastructure … used to further Beijing’s strategic and military influence. The plans, revealed by the Financial Times last week, triggered outcry in … ( read original story…
America’s top defense officials say Google’s work in China benefits Beijing’s military
WASHINGTON — America’s top two defense officials slammed Google’s work with China on Thursday saying it has “indirectly benefited” Beijing’s military. “We watch with great concern when industry … ( read original story …)
PINTEC Partners with China UMS to Enable Efficient Financing for Small and Micro-sized Enterprises
BEIJING, March 15, 2019 /PRNewswire/ — Pintec Technology Holdings Ltd. (“PINTEC”; NASDAQ: PT), a leading independent technology platform enabling financial services in China, today announced a … ( read original story …)