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China Taiping Insurance reports premium income growth

China Taiping Insurance reports premium income growth

2020-01-18 14:33

Gross premium income totaled 172.39 billion yuan (about 25 billion U.S. dollars) for the period, up 12.89 percent year on year.

China-U.S. trade deal to reduce global uncertainty, IMF chief says

China-U.S. trade deal to reduce global uncertainty, IMF chief says

2020-01-18 14:20

The newly signed China-U.S. phase-one trade deal will reduce the uncertainty that has impeded global economic growth.

Singaporean bank DBS receives bond settlement agent license in China

Singaporean bank DBS receives bond settlement agent license in China

2020-01-15 00:33

DBS Bank (China) Limited has received its bond settlement agent license from PBOC to act as a bond settlement agent in the China interbank bond market

China makes major progress in containing financial risks: regulator

China makes major progress in containing financial risks: regulator

2020-01-14 10:41

China has seen significant progress in containing financial risks in 2019 with authorities strengthening regulation and reining in major risks.

Chinas Hengfeng Bank completes restructuring

China's Hengfeng Bank completes restructuring

2020-01-14 10:27

China's Hengfeng Bank has recently received 100 billion yuan in strategic investment, marking the completion of its restructuring.

Risks of banks, insurance institutions controllable: regulator

Risks of banks, insurance institutions controllable: regulator

2020-01-14 01:05

The risks of China's banking and insurance institutions were generally manageable.

Chinas new yuan loans reach 17 trln yuan in 2019

China's new yuan loans reach 17 trln yuan in 2019

2020-01-14 00:09

China's new yuan-denominated loans in the banking sector hit 17 trillion yuan in 2019, a year-on-year rise of 1.1 trillion yuan.

Chinas agricultural insurance market posts robust growth

China's agricultural insurance market posts robust growth

2020-01-12 21:49

China's agricultural insurance market has posted robust growth in the past few years with wider coverage and more premium income.

Chinas major investment company reaps record gross profits

China's major investment company reaps record gross profits

2020-01-11 19:41

The State Development and Investment Corp., a major state-owned investment company, reaped a record 20 billion yuan in gross profits in 2019.

First wholly foreign-funded insurance holding company to debut in China

First wholly foreign-funded insurance holding company to debut in China

2020-01-10 23:17

Allianz China Holding, fully owned by Allianz Group, will open for business in Shanghai on Jan. 1.

China to optimize financial support for Yangtze River Economic Belt

China to optimize financial support for Yangtze River Economic Belt

2020-01-09 13:19

China's banking and insurance regulator pledged to optimize financial services to facilitate the green development of the Yangtze River Economic Belt.

China unveils revised regulations for foreign banks

China unveils revised regulations for foreign banks

2020-01-06 10:53

China's banking regulator unveiled revised management regulations for foreign banks to advance opening up of the banking sector.

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