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Tag: banks

China retains strong appeal for foreign banks amid high-standard opening up

wangxiao12/27/20230

BEIJING, Nov. 9 (Xinhua) — China\’s opening up of its financial sector with greater depth will bring more opportunities for foreign institutions and encourage them to invest in the country, according

Foreign firms vying to explore Chinese market

wangxiao12/27/20230

BEIJING, Nov. 9 (Xinhua) — Air Products, a world-leading supplier of gases for industrial uses, has announced that it will open a new Asia hydrogen energy application and R&D center in east China\’s Z

Financial opening up provides significant impetus for sector\’s development: official

wangxiao12/27/20230

BEIJING, Nov. 8 (Xinhua) — China\’s financial opening up, which is proactive, prudent and for mutual benefit, is an important driving force for the sector\’s reform and development, an official said on

Eurozone banks tighten credit standards further: ECB

wangxiao10/25/20230

This photo taken on July 27, 2023 shows the Euro sign in Frankfurt, Germany. (Xinhua/Zhang Fan)
An ECB survey shows most eurozone banks tightened credit standards in Q3, with 56 percent reporting stri

Central Huijin increases stakes in major Chinese banks

wangxiao10/12/20230

BEIJING, Oct. 11 (Xinhua) — Central Huijin Investment Ltd. (Central Huijin), a state-owned investment company, has increased its holdings of A-shares in four of China\’s largest lenders, according to

New York judge finds Trump liable for fraud

wangxiao09/27/20230

NEW YORK, Sept. 26 (Xinhua) — A New York judge on Tuesday ruled former U.S. President Donald Trump and his sons liable for fraud, saying they provided false financial statements for nearly a decade.

Macao\’s new residential mortgage loans rise 56.5 pct in March

wangxiao05/11/20230

MACAO, May 11 (Xinhua) — The new approvals of Macao\’s residential mortgage loans (RMLs) and commercial real estate loans (CRELs) both increased month-on-month in March, the special administrative reg

Macao\’s new residential mortgage loans fall 15.5 pct in February

wangxiao04/12/20230

MACAO, April 12 (Xinhua) — The new approvals of Macao\’s residential mortgage loans (RMLs) fell whereas those of commercial real estate loans (CRELs) rose month-on-month in February, the special admin

Red willows bring spring to Inner Mongolia

wangxiao04/11/20230

Red willows flourish on the banks of the Nuomin River with the arrival of spring in north China’s Inner Mongolia Autonomous Region. The red willows and the half-frozen river present a beautiful scene

US probably heads for recession: Fortune

wangxiao03/24/20230

The US Federal Reserve, its central banking system, has to decide whether to raise interest rates to fight inflation or keep them low to help the economy, but it might be too late to avoid a recession

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