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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.
ICBC designated as RMB clearing bank in Russia
PBOC has authorized the Industrial and Commercial Bank of China (ICBC) Moscow office to offer RMB clearing services in Russia.
Bank of China designated as RMB clearing bank in U.S.
The People's Bank of China announced Tuesday that Bank of China is designated as the RMB clearing bank in the United States.
China's largest bank ICBC opens new branch in Brisbane, Australia
The Industrial and Commercial Bank of China has opened a new branch in Queensland, Australia.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
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Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town