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Tag: Bank

Agricultural Bank of China ups support for manufacturing sector

wangxiao05/09/20230

BEIJING, May 9 (Xinhua) — The Agricultural Bank of China, one of the country\’s largest commercial lenders, has scaled up support for the manufacturing sector.
As of the end of March, the bank\’s outst

Agricultural Bank of China ups loan support to county-level areas

wangxiao05/08/20230

BEIJING, May 7 (Xinhua) — Agricultural Bank of China, one of the country\’s four big state-owned lenders, has enhanced loan issuance and offered innovative products and services to support the develop

Renminbi conference in Budapest focuses on Hungary-China financial cooperation

wangxiao05/05/20230

BUDAPEST, May 4 (Xinhua) — The Budapest Renminbi Initiative Conference, an annual event aimed at promoting cross-border economic activity and broadening the range of investment and financing sources

U.S. Fed approves 10th rate hike, hints at pause amid recession risk

wangxiao05/05/20230

WASHINGTON, May 4 (Xinhua) — The U.S. Federal Reserve on Wednesday implemented the 10th interest rate hike in about a year, hinting at a possible pause in its aggressive tightening cycle amid still e

Close to 190 U.S. banks could collapse: USA Today

wangxiao05/05/20230

People walk past a branch of First Republic Bank in New York, the United States, on May 1, 2023. (Photo by Michael Nagle/Xinhua)
\”So, our calculations suggest these banks are certainly at a potential

China\’s green exports further propel foreign trade growth

wangxiao05/04/20230

People look at a Hongqi electric vehicle at the Swedish eCarExpo 2023 in Stockholm, Sweden, on Feb. 3, 2023. (Photo by Wei Xuechao/Xinhua)
BEIJING, May 2 (Xinhua) — In China\’s pursuit of high-quality

China\’s green exports further propel foreign trade growth

wangxiao05/03/20230

People look at a Hongqi electric vehicle at the Swedish eCarExpo 2023 in Stockholm, Sweden, on Feb. 3, 2023. (Photo by Wei Xuechao/Xinhua)
BEIJING, May 2 (Xinhua) — In China\’s pursuit of high-quality

Mountain village flourishes through tea cultivation, tourism

wangxiao04/25/20230

LHASA, April 25 (Xinhua) — In Geling Village of Medog County in southwest China\’s Tibet Autonomous Region, the morning air of spring is filled with the sweet aroma of freshly picked tea sprouts.
Tser

China to ensure rare characters survive digital era

wangxiao04/25/20230

Photo taken on April 15, 2022 shows an engraved printing block containing Chinese characters in Nanjing, east China\’s Jiangsu Province. (Xinhua/Li Bo)
BEIJING, April 24 (Xinhua) — Chinese authorities

China EximBank extends 510 bln yuan of loans to bolster foreign trade in Q1

wangxiao04/23/20230

BEIJING, April 22 (Xinhua) — The Export-Import Bank of China (China EximBank) said it has issued over 510 billion yuan (74.18 billion U.S. dollars) of loans to support the country\’s foreign trade dur

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