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Agricultural Bank of China
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UAE, China Agree to Set up RMB Clearing Hub
Dec 28, 2015The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi, local UAE media reported on Sunday. The UAE clearing hub for the Chinese currency, which will satisfy ...
Tags: RMB Clearing Hub
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China's Central Bank to Continue Financial Support for Tibet
Dec 25, 2015China's central bank has vowed to continue preferential financial policies to support Tibet for the next five years. The People's Bank of China promised more direct financing and financial bonds to facilitate small and medium enterprises ...
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Ancient Town Ready for Internet Summit
Dec 17, 2015Volunteers of the second World Internet Conference are shown wearing Chinese style blue coats while debuting at Wuzhen, east China's Zhejiang Province. These volunteers will serve the conference from December 16-18. [Photo: Imagine China] ...
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S.Korea Approves China Everbright Bank's Operation in Seoul
Dec 17, 2015South Korea's financial regulator on Wednesday approved the banking operations of China Everbright Bank, a unit of the state-owned Everbright Group. The Financial Services Commission (FSC) said in a statement that it gave a nod to ...
Tags: Everbright Bank, foreign banks
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Chinese Currency The Yuan Is Enjoying Rising Acceptance
Mar 13, 2015With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
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Taigang Stainless Steel to Issue Ultrashort-Term Bonds Worth RMB 2.0 Billion
Sep 22, 2014Shanxi Province-based Chinese stainless steel producer Taigang Stainless Steel Co., a subsidiary of Taiyuan Iron and Steel (Group) Co. (TISCO), has announced that it plans to issue ultrashort-term bonds worth RMB 2.0 billion ($325 million) ...
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A Deal at The End of October in Which CCB Acquired a Lender in Brazil
Nov 22, 2013When a Chinese engineering firm sets off to build a road or a dam in a distant country, a Chinese bank is usually not far behind them. Bank branches bearing Chinese characters can be found on the streets of Lima and Warsaw, as well as Paris ...
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Agricultural Bank of China Announced That Its Frankfurt Branch Has Been Approved
Oct 11, 2013Agricultural Bank of China (SHSE: 601288) announced on October 8 that its Frankfurt branch has been officially approved by the financial authority of Germany on October 1, 2013 based on the local time. The branch previously had been ...
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Wison Had Issued a Notice to Require The Former to Repay Principal of CNY 186 Million
Oct 6, 2013Wison Engineering (SEHK: 2236) announced on September 25 Agricultural Bank of China (ABC) had issued a notice to require the former to repay principal of CNY 186 million and related loan interests to its subsidiary Wison Engineering ...
Tags: Construction, Decoration
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Suntech Saw 37 Solar Power Stations Invested by Global Solar Fund
Sep 25, 2013Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) saw 37 solar power stations invested by a subsidiary namely Global Solar Fund S.C.A. SICAR (GSF) in Italy be sealed up recently. The New York-listed firm ...
Tags: Metallurgy, Mineral, Energy
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Chinese Stock Market Posted This Year's Widest Daily Gains on Monday
Sep 10, 2013Chinese stock market posted this year's widest daily gains on Monday as newly released data concerning consumer inflation, producer price and foreign trade pointed to a strengthening economy. The benchmark Shanghai Composite Index rose ...
Tags: stock market
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Dongbei Special Steel to Issue Five-Year Medium-Term Bonds Worth RMB 800 Million on Apr.10
Apr 3, 2013On April 2, Liaoning Province-based Chinese steelmaker Dongbei Special Steel Group Co., Ltd. announced that it plans to issue five-year medium-term bonds worth RMB 800 million ($128 million) on April 10. According to the announcement, ...
Tags: Special Steel, Medium-Term, Mineral
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Suntech Power Holdings Announces The Insolvency of Its China Subsidiary, Wuxi Suntech
Mar 25, 2013China-based Suntech Power Holdings announced the insolvency of its China subsidiary, Wuxi Suntech. Industry sources noted that Suntech executives will arrive in Taiwan next week to meet with strategic partners. Taiwan-based solar firms ...
Tags: Suntech, solar firms, solar
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VIP Holders of China Unionpay Card Will Arrive in Taiwan for Free Independent Trip
Dec 28, 2012Taipei, Dec. 27, 2012 (CENS)--At the invitation of the Agricultural Bank of China, 300 Chinese VIP holders of China UnionPay Card will arrive in Taiwan for free independent trip lasting four days and three nights. Those card holders, each ...
Tags: Agricultural Bank of China, China UnionPay Card, Lion Travel Agency
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Speech by The Governor in Hebei Province of China
Dec 13, 2012Speech by the Governor Hebei is located on the North China Plain which shares coastland in the east. As one of the main cradles of Chinese Nation, it is endowed with a profound and splendid culture, a large number of historical scenic ...
Tags: Hebei province, survey, economy, investment