Beijing Urban Construction Design & Development … To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely … ( read original…
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China unveils guidelines on financial services for rural rejuvenation
BEIJING (Reuters) – China on Monday issued guidelines to improve financial services for rural rejuvenation, vowing to encourage local governments’ special bonds issuance to support projects in the cou… ( read original story …)
U.S. Naval Patrol Prompts Chinese Protest as Trade Talks Start
(Bloomberg) — China accused the U.S. of “tricks” as two American warships sailed through waters claimed by Beijing on the eve of high-level trade talks. China’s foreign ministry said the country’s na… ( read original…
Chinese banks named top banking brands
Visitors check out new financial products at ICBC’s booth at the Beijing International Wealth Managment Expo … as four Chinese banks led by the Industrial and Commercial Bank of China (ICBC) are nam… ( read…
Renminbi weakens as US-China talks resume in Beijing
The renminbi lost ground on Monday as US trade officials began a fresh round of trade talks in Beijing and as Chinese traders returned from the week-long lunar new year break. The onshore renminbi –…
Chinese markets choppy as trade talks resume in Beijing
US-China trade talks resumed with US trade representative Robert Lighthizer and Treasury secretary Steven Mnuchin set to meet Chinese vice premier Liu He later this week in Beijing following … was d… ( read original…
Why Trump’s pick to lead the World Bank could be China’s worst nightmare
Maybe it’s relief that Donald Trump isn’t tapping his daughter to head the World Bank. Or perhaps countries are just tired of fighting the U.S. President at every turn. But so far, Canada and other…
China takes aim at new target in black market banking on fears of capital flight
China will impose tougher punishments on underground bankers moving money in and out of the country as fears of capital flight grow. Underground bankers trading in large amounts of foreign currencies … ( read original…
A new generation of coal power in belt and road countries would be toxic for the environment and for China’s reputation
In South Africa for example, the China Development Bank’s issuance of a US$2.5 billion loan to the country’s energy utility, Eskom, failed to stop its unsustainable debt levels increasing tenfold over … ( read original…
China new bank loans seen surging to 1-yr high in Jan
A pedestrian walks past the People’s Bank of China headquarters in Beijing. Last month, the PBoC cut the reserve requirement ratio for banks by 100 basis points, encouraging them to lend more. New ban… (…
Malpass Nomination: Trump Taking Grip on World Bank, Tightening Screws on China
David Malpass, Donald Trump’s pick to lead the World Bank, is due to take part in the institution’s presidential elections during April’s Spring Meetings. Given the nominee’s criticism towards the int… ( read original story…
Expect a messy end to Trump’s trade talks with China
Financial markets are once again registering displeasure with President Trump’s trade dispute with China. In January, investors were optimistic about a resolution to the standoff by the March 2 deadli… ( read original story …)
Bank Programmer Steals $1M Using ATM Flaw
If your name is Qin Qisheng and you work for Huaxia Bank in Beijing, you spend a year taking full advantage of that loophole to withdraw over $1 million in cash. As the South China…
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