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Tag: financing

Bank of China launches cross-border payment system in Türkiye

wangxiao10/24/20230

ISTANBUL, Oct. 24 (Xinhua) — Bank of China (Türkiye) on Monday launched a cross-border interbank payment system (CIPS) to better serve customers.
The bank said in a statement that it would provide mo

Usher Belt and Road cooperation into a new stage of high-quality development

wangxiao10/19/20230

Chinese President Xi Jinping poses for a group photo with distinguished guests attending the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing, capital

Commentary: At 10, Belt and Road cooperation remains buoyant

wangxiao10/18/20230

BEIJING, Oct. 17 (Xinhua) — Saudi Arabia recently made Mandarin mandatory in all secondary schools, public and private, a groundbreaking leap for the leading Arab country in the Middle East.
Behind t

Xi announces measures to advance practical cooperation for BRI

wangxiao10/18/20230

BEIJING, Oct. 18 (Xinhua) — China will carry out practical cooperation for the Belt and Road Initiative (BRI), promoting both signature projects and \”small yet smart\” livelihood programs, Chinese Pre

China\’s Aug new bank loans exceed expectations as financial support for real economy increases

wangxiao09/12/20230

The headquarters of the People\’s Bank of China (Photo: Xinhua)
New bank loans in China almost quadrupled in August from July to an all-time record of 1.36 trillion yuan ($186.18 billion), the central

G20 leaders vow commitment to growth, development goals

wangxiao09/10/20230

NEW DELHI, Sept. 9 (Xinhua) — Leaders of the Group of 20 (G20) here on Saturday reaffirmed their commitment to international economic cooperation and pledged to take concrete steps to foster global g

Experts share views on the BRICS Summit

wangxiao09/01/20230

SHI YU/CHINA DAILY
Editor\’s note: Many have said that the just-concluded BRICS Summit in Johannesburg can be compared with the Bandung Conference because, like the meeting between Asian and African co

Experts suggest interest rate cuts to boost demand

wangxiao08/08/20230

File photo shows an exterior view of the People\’s Bank of China in Beijing. [Photo/Xinhua]
China may need to comprehensively reduce interest rates in the near future, ranging from lending rates for ho

Bolivian president rebukes restrictions imposed by U.S. financial system

wangxiao07/05/20230

PUERTO IGUAZU, Argentina, July 4 (Xinhua) — Bolivian President Luis Arce on Tuesday rejected constraints imposed by the U.S. financial system, urging the Southern Common Market (Mercosur) to \”reduce

China\’s development brings opportunities to world, not risks, premier says

wangxiao06/24/20230

Chinese Premier Li Qiang meets with President of the European Council Charles Michel in Paris, France, June 22, 2023. (Xinhua/Ding Haitao)
PARIS, June 22 (Xinhua) — China\’s development brings opportu

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