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PBOC drains net RMB535 bln out of financial market last week

PBOC drains net RMB535 bln out of financial market last week

2016-12-13 10:39

The People's Bank of China, China's central bank, withdrew a net 535 billion yuan from the financial system via open market operation last week.

Chinas collective trusts issuance down 14 pct on month in Nov.

China's collective trusts issuance down 14 pct on month in Nov.

2016-12-08 16:12

China's collective trust products issuance fell 14 percent month on month in November.

Tencent, Starbucks partner to offer quick mobile payment service

Tencent, Starbucks partner to offer quick mobile payment service

2016-12-08 12:47

Starbucks partnered with Chinese Internet giant Tencent to make WeChat mobile payment available in all its coffee shops in China.

China calls for more cooperation on insurer solvency standards

China calls for more cooperation on insurer solvency standards

2016-11-29 08:56

A senior Chinese insurance regulatory official called on Asian countries to increase cooperation, particularly to regulate insurer solvency standards.

Chinas UnionPay Intl, Louvre Hotels Group sign deal on payment card

China's UnionPay Int'l, Louvre Hotels Group sign deal on payment card

2016-11-23 08:44

UnionPay International signed an accord with Louvre Hotels Group regarding the use of UnionPay cards to facilitate Chinese visitors.

Chinese banks active in UAE to spur regional growth

Chinese banks active in UAE to spur regional growth

2016-11-21 09:31

China's biggest banks have recently made a spate of significant financial moves in the United Arab Emirates (UAE).

Shanghai Insurance Exchange starts trial run

Shanghai Insurance Exchange starts trial run

2016-11-18 14:54

As China's first insurance asset trading platform, the Shanghai Insurance Exchange started a trial run recently.

Dual-currency transit card for S China province, Singapore issued

Dual-currency transit card for S China province, Singapore issued

2016-11-17 15:29

A dual-currency transit card that can be used in Singapore and south China's Guangdong Province has been issued, the first of its kind in China.

China cautious on groundbreaking digital currency plan

China cautious on groundbreaking digital currency plan

2016-11-16 15:33

China is accelerating research work into digital currency as the country hopes to use new techniques to digitize paper currency.

Insurance industry to have bright future under Belt and Road construction

Insurance industry to have bright future under Belt and Road construction

2016-11-16 09:32

Insurance industry will have a bright future as projects under the Belt and Road Initiative contain huge potential for premium growth, said experts.

Chinas CCB lists on Nasdaq Dubai sighting Mideast expansion

China's CCB lists on Nasdaq Dubai sighting Mideast expansion

2016-11-08 17:09

China Construction Bank marked here Tuesday the listing of a 600-million-dollar bond on the Middle East's only international exchange Nasdaq Dubai.

China, Australia sign MOU on anti-money laundering information sharing

China, Australia sign MOU on anti-money laundering information sharing

2016-11-04 09:02

China and Australia have signed a Memorandum of Understanding on sharing information on money laundering, terrorist financing and other crimes.

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