President Xi Jinping will pay a state visit to Russia from Monday to Wednesday, a trip expected to further deepen mutual trust, boost bilateral cooperation and contribute to building a multipolar worl
Tag: finance
Türkiye estimates earthquakes loss over 105 bln USD
This aerial photo taken on Feb. 7, 2023 shows collapsed buildings after a powerful earthquake in Kahramanmaras, Türkiye. (Photo by Mustafa Kaya/Xinhua)ANKARA, March 17 (Xinhua) — An official report r
Aggressive U.S. rate hikes blamed for Silicon Valley Bank collapse
People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. (Photo by Li Jianguo/Xinhua)Neil Shearing, chief economist at C
China releases plan on reforming Party and state institutions
BEIJING, March 16 (Xinhua) — The Communist Party of China (CPC) Central Committee and the State Council have released a plan on reforming Party and state institutions, and issued a circular demanding
China’s financial regulatory shake-up eyes stability, defusing risks
Reforms aimed at preventing financial risks amid increasing global fluctuations, experts sayDeputies to the 13th National People\’s Congress (NPC) attend the second plenary meeting of the fifth session
China\’s lottery ticket sales up in January
BEIJING, March 5 (Xinhua) — China\’s lottery ticket sales showed a year-on-year increase of 7.8 percent in January, topping 33.22 billion yuan (about 4.81 billion U.S. dollars) for the month, mainly d
Defense budget to see single-digit increase for 8th year
The 41st fleet of the Chinese People\’s Liberation Army Navy, comprising the missile destroyer Suzhou, the missile frigate Nantong and the supply ship Chaohu, returns to the port city of Zhoushan in Ea
China issues 625.8 bln yuan in local gov\’t bonds in January
BEIJING, Feb. 27 (Xinhua) — China\’s local governments issued bonds worth 625.8 billion yuan (about 89.95 billion U.S. dollars) in January 2023, according to the Ministry of Finance.Of the total, spec
China revises regulation on secret protection, archive management in overseas listing
BEIJING, Feb. 25 (Xinhua) — China\’s top securities watchdog and related departments have revised the regulation on secret protection and archive management in the overseas listing for domestic compan
Securities landscape set to be transformed
[SONG CHEN/CHINA DAILY]Spread of registration-based IPOs means changes on A-share main boardThe landscape for Chinese securities firms is set to be reshaped as a registration-based initial public offe