Dec 21 (Reuters) – China Internet Nationwide Financial Services Inc: * CHINA INTERNET NATIONWIDE FINANCIAL SERVICES INC. ANNOUNCES FORMATION OF INDEPENDENT SPECIAL COMMITTEE TO CONDUCT INDEPENDENT REVIEW AND INVESTIGATION INTO MUDDY WATERS ALLEGATIONS … (…
Tagged By finance
Is ghost of Mao finally dead? China’s new economic plan reads like western manisfesto
The top priorities during the next three-years will be to improve air quality, alleviating poverty and curbing financial risk. China is in desperate need of financial reform as 43million people live in absolute poverty in…
How I.M. Pei’s Bank of China Tower changed Hong Kong’s skyline
Juan Du is an associate professor at Hong Kong University’s Department of Architecture. This year of 2017 marks the 100th birthday of the renowned Chinese-American architect I.M. Pei. From museums to business headquarters, Pei has…
Bank of China : UAE essential to One Belt One Road, says Bank of China GM
Khalifa Industrial Zone Abu Dhabi (KIZAD) has announced the signing of a Memorandum of Understanding (MOU) with Bank of China Ltd. Abu Dhabi to mutually promote their services for the benefit of both entities customers…
China’s Xi Declares ‘Critical Battle’ to Quell Financial Risks
China’s top leaders said they are taking a three-year approach to winning “critical battles” against financial risk, pollution and poverty, and signaled that monetary policy will remain “prudent and neutral” next year in support. Economic…
Chinese leaders promise more imports, less financial risk
BEIJING (AP) — Chinese leaders promised Wednesday to increase imports and reduce risks in their financial system amid slowing economic growth and pressure from Washington and Europe to open their markets wider. A statement issued…
Financial risk the ‘critical battle’ for Xi Jinping in next three years
China’s top leadership has targeted financial risk prevention as a key economic priority for the next three years under “Xi Jinping economic thought”, Xinhua reported on Wednesday, as Beijing grapples with a mountain of debt…
China issues code of conduct for firms investing abroad
This includes staying within a company’s financial constraints and core competencies, avoiding high-leverage financing, respecting local laws and customs, and adhering to socially and environmentally responsible operations. The state-run China Daily … ( read original…
China’s Growth Better Than Expected This Year, But Not Next Year
China’s year-ender will be a tad better than expected, according to the World Bank. They raised their 2017 GDP forecast to 6.8% from 6.7% on Tuesday, citing rising household incomes and improving external demand for…
China Maintains Strong Growth and Reform Momentum, Says World Bank
BEIJING, December 19, 2017—Economic growth in China has remained strong in 2017, supported by rising household incomes and improving external demand. Growth is projected at 6.8 percent in 2017, exceeding initial expectations, according to the…
World Bank: China’s GDP growth rate to reach 6.8% this year
China has maintained strong economic growth, which is projected to reach 6.8 percent this year, supported by rising household incomes and improving external demand, the World Bank said in its latest economic update report released…
BRIEF-China Oceanwide International Financial Proposes Rights Issue
Dec 18 (Reuters) – China Oceanwide International Financial Ltd: * PROPOSES TO RAISE HK$18.25 BILLION BY WAY OF RIGHTS ISSUE OF 16.59 BILLION RIGHTS SHARES AT HK$1.10 PER RIGHTS SHARE * NET PROCEEDS FROM RIGHTS…
Vietnam Follows Beijing With South China Sea Upgrades of Its Own
While the work is vastly outweighed by what China is doing it suggests Hanoi wants to hold its ground over the contested waterway, even if it risks upsetting Beijing. In August, Philippine President Rodrigo Duterte…
