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China's major banks scrap charges on mobile transfers
China's five biggest commercial banks announced on Thursday that they will no longer charge fees on domestic yuan transfers through cellphone.
ADB to fund 1.5 bln USD for Bangladesh-Myanmar railway network
The Asian Development Bank (ADB) is reportedly keen to fund a 1.5 billion U.S. dollars for building a rail line that will connect Cox's Bazaar.
Chinese banks play major presence in Dubai int'l financial center
The banks from China play major presence and stand for 25 percent of the combined balance sheets of the DIFC.
Chinese banking sector's bad loan rate rises in 2015
The bad loan rate in China's banking sector rose slightly in 2015, according to the country's top banking regulator on Monday.
UnionPay transactions surge in Spring Festival spree
China UnionPay transactions soared to yet another record high in the Spring Festival, the operator revealed Sunday.
China launches online platform to register fund-raising victims
The Ministry of Public Security (MPS) has launched an online platform to record investors and investments in illegal fund-raising cases.
China becomes world's third largest insurance market
China became the world's third largest insurance market in 2015, with insurance premiums surging in the past five years.
China closes 169 M As in Jan. with a disclosed value of USD10.07 bln
Altogether 169 merger and acquisition (M A) deals took place in China in January, with transaction values totaling 10.07 billion US dollars.
Central Bank pumps 1.5 trln yuan into market via MLF, SLF, PSL
The People's Bank of China announced on Monday it had pumped more than 1.5 trillion yuan into the market via MLF, SLF and PSL operations in January.
China's Eximbank discussing loans for Bolivia's mining project
A delegation from the Eximbank of China on Friday met with Bolivia's mining minister to discuss the El Mutun iron ore exploration project.
China policy bank lends more to agriculture in 2015
The Agricultural Development Bank of China, a major policy bank, provided more financial supports to China's agriculture in 2015.
China extends 80.8 bln USD of QFII quota by January-end
Altogether 279 overseas institutions have received quotas amounting 80.8 billion U.S. dollars under the QFII program.
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Feature: Tourism rejuvenates old Silk Road town