Ping An Bank (Ping An) has emerged as China’s private banking industry leader, continuously upgrading customer-centric product offerings, relationship management, and team capabilities to meet growing …
Tagged By financials
China’s central bank activates emergency response for earthquake relief
BEIJING, Dec. 20 (Xinhua) — The People’s Bank of China, the country’s central bank, has called for relevant departments and branches to activate their emergency response measures to ensure financial …
China’s central bank to retain pivotal lending rates
On Wednesday, in a move that resonated with prevailing market forecasts, China’s central bank, the People’s Bank of China, opted to retain its pivota …
Nicaragua upgrades ties with China, seeks financial support amid Western sanctions
China and Nicaragua upgraded their bilateral ties on Wednesday, setting the stage for the Asian giant to provide more economic support to the sanctioned Central American state and furthering Beijing’s …
Beijing courts combat money laundering as young offenders increase
Data released by the Beijing High People’s Court showed on Wednesday that the capital’s courts solved 40 cases of money laundering from the beginning of 2021 to the end of October this year, with 44…
China’s yuan inches lower, market evaluates monetary policy stances at major central banks
China’s yuan inched lower against the dollar on Wednesday, as market participants continued to evaluate the impact from China’s steady lending benchmarks and possible changes in monetary policy …
China can achieve 5% economic growth in 2024: central bank adviser
CHINA is able to achieve economic growth of 5 per cent in 2024, Wang Yiming, a policy adviser to the central bank, said on Tuesday (Dec 19). Read more at The Business Times.
China’s finance influencers face stricter rules on Tencent’s live-streaming channels as Beijing moves to shore up confidence on economy
Tencent Holdings has tightened its rules for live streamers producing financial content on its popular social media platform WeChat, as Beijing ramps up scrutiny of online speech to arrest waning …
Mapped: Gansu earthquake as more than 120 killed in China’s deadliest tremor in 13 years
China’s finance ministry and emergency management ministry jointly allocated 200m yuan (£22.1m) for the earthquake-hit Gansu and Qinghai provinces, CCTV reported. Gansu struggled with slow economic …
Beijing prosecutors crack down on rising cyber fraud cases
Data released by the Beijing People’s Procuratorate also showed on Tuesday that since 2021, about 11,625 people have been accused of cyber crimes, with major charges including telecom fraud, …
China, Russia pave even stronger ‘financial track’ with a new deal enhancing trade vitality
China and Russia have signed audit and supervision deals to facilitate bilateral capital flows and bond issuance, in a prelude to a two-day annual leader’s meeting to discuss bilateral cooperation …
China expected to stand pat on lending benchmarks in December -survey
China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Wednesday, a Reuters survey showed, after the central bank last week kept its medium-term policy rate …
Beijing ready to expand energy cooperation with Russia – Chinese envoy to Moscow
Beijing intends to expand energy cooperation with Russia along all stages of production, Chinese Ambassador to Russia Zhang Hanhui told the Russian state RIA news agency in an interview published on …
