1.New forms, models of foreign trade to gain momentum China will boost new forms and models of foreign trade to advance high-quality development of the trade sector, according to a circular issued by the General Office of the State ...
Tags: Green Industry, Digital Technology
China's central bank has drafted new rules to tackle risks from shadow banking, in a tacit acknowledgment that a host of measures in recent years to control off balance sheet credit have failed to control its risks, the Financial Times ...
Tags: Shadow Banking, balance sheet
Inocucor Technologies announced that the Canadian Food Inspection Agency (CFIA) has registered its first two specialty ag biological products for use by Canadian farmers and greenhouse growers. Synergro is a live-cell formulation for ...
China will overhaul its investment and financing system to stimulate market vitality amid the economic downturn, according to a document released Monday by the central authorities. The government will cut red tape, improve supervision and ...
Tags: Financing Reform
The amount of non-cash payments in China in the first quarter rose 7.1 percent year on year, according to a central bank report released on Tuesday. The amount of money involved in non-cash payments,including commercial papers, bank cards ...
The global transaction services organization SWIFT says the Chinese currency is increasingly being used by financial institutions worldwide to settle transactions. The organization said the yuan remained the fifth most used currency for ...
Tags: SWIFT, Chinese currency
The Square Mile Relay is being brought to New York's Financial District for the first time, set to take place April 21. The relay race will feature more than 100 teams from leading financial institutions who compete to win a $10,000 ...
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
China will set up more cross-border e-commerce pilot zones, the State Council announced Wednesday. The zones will attract businesses, help create jobs and nurture new business models to boost foreign trade and stimulate the economy, ...
China's central bank has said it is planning to upgrade its financial risk assessment framework which will be launched next year, in a bid to ward off financial risks. The capital adequacy ratio, a measure of an institution's ability to ...
Tags: New Financial Risk
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...
Tags: Green Bond, Interbank Market
China is to extend the trading hours of the interbank forex market by seven hours and allow more foreign entities into the market, according to a Wednesday statement by the People's Bank of China (PBOC). From Jan. 4, the closing time for ...
Tags: Extends Trading, Forex Market
The State Council announced Wednesday that it supported the development of direct financing to reduce production costs for enterprises. Through direct financing, enterprises can get funds from the capital market by issuing shares or ...
Tags: Direct Financing
China's banking regulator is reportedly to revoke the fund management qualifications of 17 domestic banks. It's understood the regulator has issued informal guidance to banks, warning them that their registrations will be removed. The ...