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China issues guideline to improve financial services for foreign trade
The guideline listed 29 specific requirements, including deepening reform, diversifying product types and strengthening background checks.
Chinese residents show warmer mood for saving in Q4: central bank
China's urban residents are more enthusiastic about depositing more savings in the fourth quarter (Q4) of this year.
Most Chinese bankers consider monetary policy "moderate": survey
Chinese bankers reported rising sentiment on the country's monetary policy in the fourth quarter (Q4) of this year.
China to facilitate cross-border investment, financing for Macao firms
China has rolled out policies to make it easier for Macao firms to conduct cross-border investment and financing in the Hengqin free trade zone.
2nd Bangladesh bank to issue China's UnionPay cards
Bangladesh Eastern Bank Limted (EBL) has become the second commercial bank in Bangladesh to issue China's UnionPay card.
China approves first foreign-controlled asset management firm
China has approved Amundi, Europe's largest asset manager, and a subsidiary of the Bank of China to set up a JV asset management company in Shanghai.
PBOC to help Macao residents enjoy mobile payments in mainland
China's central bank will take a string of steps to make it easier for Macao residents to use mobile payments in the mainland.
China to release 40,000 tonnes of pork reserves: MOC
Chinese authorities announced plans Thursday to release more frozen pork from its central reserves to ensure market supply for the upcoming holidays.
J.P. Morgan's JV brokerage in China receives securities business license
J.P. Morgan Chase announced that its majority-controlled securities joint venture in China has obtained a license for securities business.
China warns against virtual currency trading, ICO risks
The National Internet Finance Association of China (NIFA) alerted the market to risks in Initial Coin Offerings (ICOs) and virtual currency trading.
Assets of China's financial institutions up 8.1 percent
The total assets of Chinese financial institutions rose 8.1 percent to 312.46 trillion yuan (about $44.5 trillion) at the end of the third quarter.
China's new yuan loans rise in November
China's new yuan-denominated loans hit 1.39 trillion yuan (197.44 billion U.S. dollars) in November, a year-on-year rise of 138.7 billion yuan.
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