China tries to bring order to sprawling online finance sector

SHANGHAI -- China's 1.2 trillion yuan ($189 billion) internet finance industry has reached a turning point as regulators tighten regulations after one too many cases of bankruptcy and fraud. Some analysts are predicting a shakeout in the sector, which has ... ( read original story ...)

Islamic Development Bank to join forces with China-led AIIB

The largest development organisation in the Muslim world, the Islamic Development Bank, is set to ramp up its fundraising activities and form a partnership with the China-led Asian Infrastructure Investment Bank to address a yawning infrastructure gap in ... ( read original story ...)

China’s Brics-Plus partnership could transform global trade

China, South Africa (Brics) is becoming the glue for new inter-regional trade alliances. However, despite the creation of a common New Development Bank by the Brics, and other initiatives to boost economic ties between members, the countries are beginning ... ( read original story ...)

China Exports Hold Up as Commodities, Base Effects Boost Imports

Economist Takeaways "High imports are related to base effects and rising commodities prices, which may give a lift to domestic inflation this year," said Liao Qun, chief economist at China Citic Bank International Ltd. in Hong Kong. "Dollar-dominated oil ... ( read original story ...)

MARKET BUZZ: Tencent, China Banks Lift Hong Kong’s HSI

HONG KONG (Feb 21) -- Hang Seng up 0.7% at 31,094.98, led by mainland lenders and Tencent. China Construction Bank, Bank of China and Industrial & Commercial Bank of China rise by at least 1.2% each, boosting index of mainland companies by 1%. Advance on H ... ( read original story ...)

China’s Development Bank registers at AIFC

ASTANA – Astana International Financial Centre’s (AIFC) Financial Services Regulatory Committee recently registered the Development Bank of China, which makes it the 10th participant of the centre. It is expected that by the end of this year that ... ( read original story ...)