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China Construction Bank acquires commercial banking license in Malaysia
State-owned China Construction Bank (CCB) had acquired a commercial bank license from the Malaysian Ministry of Finance.
China UnionPay restricts purchases of overseas insurance products
China's mainland residents have been barred from using China UnionPay cards to buy overseas insurance products with investment functions.
Chinese banks to expand presence in Luxembourg
China Everbright Bank and Shanghai Pudong Development Bank have confirmed their intention to set up branches in Luxembourg.
UAE sovereign wealth fund ADIA opens Hong Kong office
The United Arab Emirates' (UAE) largest sovereign wealth fund, Abu Dhabi Investment Authority, said on Thursday it opened an office in Hong Kong.
Kuantan Industrial Park obtains 1bln USD loans from Chinese bank consortium
Kuantan Industrial Park, has drawn about 1 billion U.S. dollars worth of loans from Chinese bank consortium for its steel plant project.
China Merchants Bank launches ＂Belt Road＂ comprehensive financial service
China Merchants Bank launched in a summit held on October 21 a comprehensive financial service to specifically support the Belt and Road Initiative.
China's PE/VC market continues to slump in Q3, report
China's private equity (PE) and venture capital (VC) market continued to slump in the third quarter of 2016.
Shanghai pilots community banks to boost innovation
East China's business hub Shanghai will explore setting up community banks and international funds to encourage innovation and startups.
Chinese vice premier stresses development of venture capital
Chinese Vice Premier Zhang Gaoli said Friday at a forum that the country should promote the development of venture capital (VC).
China central bank pumps more money into financial market
The central bank had pumped 301 billion yuan into the financial system in open market operations via medium-term lending facility (MLF).
Alibaba's Alipay to be accepted at ten int'l airports
Alipay launched cooperation with ten international airports to provide payment and other services at the airports for Chinese visitors.
China August lottery sales up 10.4 pct
China's lottery sales rose 10.4 percent year on year to 31 billion yuan (4.7 billion U.S. dollars) in August, according to the Ministry of Finance.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
