NEW YORK, Feb. 16 (Xinhua) — U.S. former President Donald Trump and his business organizations were ordered to pay as much as 355 million U.S. dollars of penalties on Friday in a business fraud case
Tag: financial
China\’s central bank adds liquidity via reverse repos, RRR cut
BEIJING, Feb. 5 (Xinhua) — China\’s central bank conducted 100 billion yuan (about 14 billion U.S. dollars) of 14-day reverse repos at an interest rate of 1.95 percent Monday.
The People\’s Bank of Chi
New guideline bolsters financial support for rental housing market
BEIJING, Jan. 31 (Xinhua) — China will implement a new guideline to provide stronger financial support for the rental housing market.
The guideline, released by the People\’s Bank of China and the Nat
California\’s emissions reporting law sued by business groups
SACRAMENTO, the United States, Jan. 31 (Xinhua) — A coalition of business groups in the United States sued California Tuesday, seeking to block the state\’s new corporate emissions reporting laws, the
China\’s bond market issuances total 71 trillion yuan in 2023
BEIJING, Jan. 29 (Xinhua) — Bond issuances in China totaled 71 trillion yuan (about 10 trillion U.S. dollars) in 2023, up 14.8 percent year on year, according to data from the central bank.
Treasury
Commentary: China\’s local \”two sessions\” convey confidence in 2024 economy
BEIJING, Jan. 27 (Xinhua) — As provincial-level governments across China unveil their gross domestic product (GDP) targets for 2024 at local \”two sessions\” meetings, the confidence in the steady grow
HKSAR gov\’t to set up coordination group to attract more int\’l events
HONG KONG, Jan. 26 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) government announced on Friday that it will set up an inter-departmental coordination group to attract more world-cla
China extends more inclusive loans to small businesses in 2023
BEIJING, Jan. 25 (Xinhua) — China extended more inclusive loans to small and micro enterprises to facilitate their business last year, official data showed on Thursday.
By the end of 2023, outstandin
Blue Book on China\’s overseas security risk levels released; US labeled \’extremely high\’
Photo: China Overseas Security Research Institute (COSRI)
A blue book on China\’s overseas security risks released on Wednesday predicted that the global security situation in 2024 will see a return to
China announces reserve requirement ratio cut
BEIJING, Jan. 24 (Xinhua) — China\’s central bank will cut the reserve requirement ratio for financial institutions by 0.5 percentage points from Feb. 5, said Pan Gongsheng, governor of the People\’s B