Two financial officials in China’s Henan province were under investigation for suspected severe violations of discipline and law, authorities said on Friday, after suspected fraud at a number of local …
Tagged By finance
China round-up: China seeks public consultation for management of life insurance product
This round-up focuses on China’s step to standardise life insurance products, renumeration at state-owned financial companies and new appointments at Alibaba …
China sanctions Pelosi over trip to Taiwan, says visit was an ‘egregious provocation’
China on Friday imposed sanctions on U.S. House Speaker Nancy Pelosi and her immediate family in response to what the foreign ministry described as an “egregious provocation.” Pelosi visited Taiwan …
China Announces Sanctions on Nancy Pelosi Over Taiwan Trip
China said it would sanction US House Speaker Nancy Pelosi, after she defied Beijing by becoming the highest-ranking American politician to visit Taiwan in 25 years.Most Read from BloombergChina …
China Warships Cross Taiwan Strait in Sign Drills Continuing
China sent warships across the Taiwan Strait’s dividing line on Friday, Taiwan said, an unusual move signaling its largest drills in decades around the islands were continuing for a second day.Most …
China Welcomes US Rivalry in Africa If It Broadens Benefits
China’s ambassador to Zambia said his country would welcome more competition with the US in Africa — if it brings more benefits to the continent.Most Read from BloombergChina Likely Fired Missiles …
Taiwan’s trade with China is far bigger than its trade with the U.S.
Taiwan’s business and economic ties with mainland China and Hong Kong have grown so large that the region is by far the island’s largest trading partner.
Chinese city of Bengbu will repay rural bank clients on Aug. 8
The Chinese city of Bengbu in Anhui province will start its next round of repayments to clients of a local rural bank on Aug. 8，the city’s financial regulators said on Friday, after their funds were…
China’s Henan province to make next repayment round to rural bank clients
Financial authorities in China’s Henan province said on Friday they will begin from Aug. 8 a fourth round of repayments to clients of four rural banks whose funds were frozen in what authorities said …
China moves to unleash market demand for stronger growth
Against the backdrop of the COVID-19 pandemic and external complexities and uncertainties, China is maneuvering its policy toolkit to bolster the demand of its super-large domestic market to perk up …
Central bank seeks amendment to law for sharpening financial teeth
By making this move, the PBOC, the central bank, will better perform its duties in making overall plans for systemically important financial institutions and financial holding companies, regulating …
‘Financial monsters’: China’s bad banks complicate property crisis
To contain the fallout from the Asian financial crisis two decades ago, Beijing set up a group of bad banks and packed them with the country’s most toxic debts. But with deepening distress in China’s…
China moves to unleash market demand for stronger growth against external uncertainties
China is maneuvering its policy toolkit to bolster the demand of its super-large domestic market to perk up the economy for stronger growth. * Retail sales of consumer goods regained vitality and …
