Tag: financials

SHENZHEN, China, Nov. 8, 2016 /PRNewswire/ -- On November 5, 2016, the 10 th China International Financial Expo 'China Educational Financial Summit Forum' was held in Shenzhen. Under the guidance of the Shenzhen Municipal government, various major ... ( read original story ...)

BEIJING (Reuters) - China's central bank said on Tuesday that it will maintain ample liquidity in the country's financial system while taking steps to prevent asset bubbles in an increasingly leveraged economy. In its third-quarter monetary policy ... ( read original story ...)

HONG KONG (Reuters) - The chief of one of Asia's most prominent financial trade bodies on Tuesday said new cyber security rules in China could make it harder for foreign companies operating in the country to manage risk as cyber threats become increasingly ... ( read original story ...)

China International Capital Corp., the investment bank ex-Premier Zhu Rongji set up two decades ago to help restructure the Chinese economy, is again taking on a role that fits with the government’s agenda. CICC’s $2.5 billion acquisition of China ... ( read original story ...)

Lou had overseen a restructuring of local-government finances that helped cut the cost of a record accumulation of debt by cities and provinces after the global financial crisis. Sotheby’s signs deal with ‘Zillow of China’, as companies look for edge ... ( read original story ...)

China’s new finance minister Xiao Jie inherits from his reformist ... to reduce the cost of a record amount of debt run up by provinces after the global financial crisis. But his plans to clamp down on spending ran into opposition as they collided ... ( read original story ...)

Back in 2008, incoming President Barack Obama inherited a US financial crisis that was to some degree made in China. The next US president may well confront a Chinese financial crunch with its origins in the US, as China unwinds the credit imbalances built ... ( read original story ...)

BEIJING (Reuters) - Last week's $215 million (173 million pound) fine for Agricultural Bank of China Ltd (AgBank), the third big Chinese bank disciplined by U.S. regulators in 16 months, shows Chinese lenders still falling short in their compliance duties. ( read original story ...)

China’s parliament passed an interpretation of Hong Kong ... The scenes on Sunday night were reminiscent of pro-democracy protests in late 2014 that paralyzed parts of the Asian financial centre and posed one of the greatest political challenges ... ( read original story ...)

China just removed a top official who's played an important role in trying to reform the country's debt-laden economy for the past three years. In a one-line statement, the government said Finance Minister Lou Jiwei will be replaced by Xiao Jie, a former ... ( read original story ...)