BEIJING, Jan. 6 (Xinhua) — China will set up three to five fully private banks on a trial basis this year in a bid to further open up the banking sector to domestic and foreign capital, China’s banking regulator said Monday. Private capital will be...
LONDON, Jan. 8 (Xinhua) — Bank of China London Branch issued 2.5 billion RMB-denominated bonds on Wednesday. This issuance marked the first RMB bond issued in the London market by the British branch of a Chinese bank, which will be listed on the London Stock...
SEOUL, Jan. 2 (Xinhua) — South Korea and China will hold a new round of talks for a bilateral free trade agreement (FTA) next week, the South Korean government said Thursday. The ninth round of the negotiations will be held in Xi’an, capital of northwest...
Chinese manufacturing indexes fell in December, underscoring challenges for President Xi Jinping as he tries to sustain growth in the world’s second-largest economy while rolling out reforms.> Read More
BEIJING, Jan. 2 (Xinhua) — China may see a record high number of new stock listings in 2014 after the country’s regulator resumed initial public offerings (IPOs), PricewaterhouseCoopers (PwC) said on Thursday. The regulator lifted a one-year ban on IPOs,...
