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Tag: financial

World\’s first DRO financial exchange officially operates in Macao

wangxiao08/04/20230

Guests attend the launching ceremony of the Micro Connect Macao Financial Assets Exchange (MCEX) in Macao, south China, Aug. 3, 2023. The Micro Connect Macao Financial Assets Exchange (MCEX) officiall

AIIB, Bank of China among lenders supporting new expressway in Bangladesh

wangxiao08/03/20230

DHAKA, Aug. 3 (Xinhua) — The Asian Development Bank (ADB) has mobilized 261 million U.S. dollars of private sector capital for a new expressway that will ease traffic congestion and provide better co

Chinese currency gains popularity amid rising trade ties with Kenya: official

wangxiao08/03/20230

NAIROBI, Aug. 2 (Xinhua) — The Kenya Bankers Association (KBA) said Wednesday that the Chinese currency renminbi, or the yuan, is gaining popularity among commercial lenders due to the rising Sino-Ke

China, France to hold high level economic, financial dialogue

wangxiao07/28/20230

BEIJING, July 28 (Xinhua) — As agreed by the two sides, the ninth China-France High Level Economic and Financial Dialogue will be held on July 29 in Beijing, Chinese foreign ministry spokesperson Mao

China to funnel more capital to science, technology sectors

wangxiao07/28/20230

BEIJING, July 27 (Xinhua) — China will funnel more capital into the real economy and innovation-oriented sectors to achieve self-reliance in science and technology, according to the People\’s Bank of

Schools shut, more losses feared as rains continue to lash parts of India

wangxiao07/27/20230

NEW DELHI, July 26 (Xinhua) — The Indian Meteorological Department (IMD) on Wednesday issued a Red Alert, signalling extremely heavy rainfall, in several parts of the southwestern state of Maharashtr

CPC leadership holds meeting to analyze economic situation, make arrangements for work in the second half of the year

wangxiao07/26/20230

BEIJING, July 25 (Xinhua) — The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting to analyze the current economic situation and make arrangements for e

Chinese policy bank steps up financial support for smart parking

wangxiao07/24/20230

BEIJING, July 22 (Xinhua) — The China Development Bank (CDB), one of the country\’s policy banks, has stepped up financial support for the construction of smart parking infrastructure.
As of June, the

China Construction Bank increases loan support for manufacturing

wangxiao07/24/20230

BEIJING, July 22 (Xinhua) — China Construction Bank, one of the country\’s largest state-owned commercial banks, has enhanced financial support for the manufacturing sector.
According to the bank, by

U.S. growth greatly depends on deficits, debt: Financial Times

wangxiao07/22/20230

LONDON, July 20 (Xinhua) — U.S. growth depends on deficits and debt to a much extent, and the country is now the biggest deficit spender in the developed world, an opinion article published by the Fi

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