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China's pension fund investment grows steadily
Local governments in China have entrusted more pension funds for investment as the country faces the challenge of an aging population.
Partnership between ICBC and Standard Bank boosts trade, investment
The strategic partnership between the ICBC and the Standard bank has accelerated and deepened economic trade relations between China and Africa.
Ping An Healthcare expands business in medical e-commerce
Ping An Healthcare has recently attained the qualifications for running Business-to-Business (B2B) and pharmaceutical wholesaler services.
China paces strong growth for asset managers in 2017
China helped fuel a surge in global growth for the asset management industry last year, according to a new report from the Boston Consulting Group.
China's shadow banking business declines
China's shadow banking has declined sharply since the beginning of the year due to stricter supervision.
Commercial banks' asset management subsidiaries face challenges
Many Chinese commercial banks have set up asset management subsidiaries to create a transformation in their money management business.
China's central bank regulates forced cashless payment
PBOC is taking measures to ban business practices of refusing or discriminating against cash payments to deal with over-hype of a cashless society.
China approves set-ups of branches of overseas banks
CBIRC approved the application of Arab Bank for setting up a branch in Shanghai and CTBC Bank for establishing a branch in Shenzhen.
Credit defaulters forced to repay 520 bln yuan in 1st half of 2018
Enforcement of court orders has enabled 520 billion yuan (78.5 billion U.S. dollars) in defaults to be repaid across China in the first half of 2018.
Iran downplays impact of U.S. sanction threats on oil exports
Iranian Petroleum Ministry: there has been no major change in Iran's production and export of crude oil despite U.S. sanction threats.
Guotai Junan Securities granted two awards by The Asset
Guotai Junan Securities won two awards “Best Private Funds Custodian, China” and “Best Alternatives Fund Administrator, China” .
India grants license to Bank of China to operate in Mumbai
India's central bank, the Reserve Bank of India (RBI), has granted license to the Bank of China to operate its branch in Mumbai.
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