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China Life Insurance profits surge 93 pct in Q1
China Life Insurance Co. said Thursday that its net profits soared 92.6 percent year-on-year during the first quarter of 2019.
China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China’s foreign exchange reserves has developed a blockchain system.
BOC a leading channel of RMB's global reach: report
Bank of China (BOC), a leading Chinese financial group, has become one of the leading channels in renminbi cross-border circulation.
Overseas RMB funds support Belt and Road: central bank
China's central bank said that overseas renminbi (RMB) funds had vigorously supported the Belt and Road development during the past two years.
TideBit becomes the top exchange in the world
TideBit has surpassed Binance and Coinbase to become the world's largest exchange in terms of trading volume in the past 24 hours.
Analyst says China's Central bank will implement Crypto in 20 years
Blockchain Research Institute Chairman, Don Tapscott predicts China’s central bank will digitize their national currency within twenty years.
Ping An Bank net profit up 13 pct in Q1
Ping An Bank, a Shenzhen-listed lender controlled by Ping An Insurance, posted 12.9 percent annual growth in net profit for the first quarter of 2019.
Belt and Road Initiative provides financing platforms for cooperation
Development and policy-oriented financing has revved up support for the Belt and Road development in the past years.
China Exim Bank's B&R loans surpasses 1 trln yuan
The Export-Import Bank of China said its outstanding loans for the Belt and Road Initiative (BRI) has surpassed 1 trillion yuan up to now.
China Everbright Bank approved to set up wealth management unit
China Everbright Bank (CEB), a joint stock lender, has been approved to establish a subsidiary focusing on wealth management business.
China Life insurance premiums grow over 11 pct
Premium income in the January-March period totaled 272.4 billion yuan (about 40.7 billion U.S. dollars).
Tianhong Asset Management Co. sees profits exceed 3 bln yuan
Profits of Tianhong Asset Management Co,jumped 15.82 percent year on year to 3.07 billion yuan ($ 458.2 million ) in 2018.
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Feature: Tourism rejuvenates old Silk Road town