Sunday, February 28, 2021
Tags Chinese financial opening

Tag: Chinese financial opening

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

JPMorgan Mulls Wealth Management Venture with China Merchants Bank

Wall Street bank JPMorgan Chase & Co. plans to launch a new wealth management joint-venture in China with the country's largest private...

PBOC Calls for Stronger Regulation of Bond Ratings Agencies, China Expected to Further Open Sector to Foreign Entrants

The Chinese central bank has flagged stronger regulation of credit ratings agencies in the wake of a slew of bond defaults by...

Goldman Sachs Pursues 100% Ownership of Chinese Securities Joint-venture

Storied Wall Street Bank Goldman Sachs Group has launched procedures to acquire full ownership of its Chinese securities joint-venture, following the cancellation...

Chinese Central Bank Commits to Financial Opening, Warns of Anti-Globalist Sentiment

A senior official from the Chinese central bank has warned of the international resurgence of anti-globalist sentiment, while stating that further opening...

Wang Qishan Reiterates Commitment to Economic Opening, Says China’s Market Will Become “the World’s Market”

Chinese vice-president Wang Qishan has reiterated China's commitment to further opening of its economy just following the execution of the world's largest...

Chinese Central Bank Highlights Renminbi Internationalisation, Belt and Road as Focal Points for Financial Sector Opening

A senior official from the People's Bank of China (PBOC) has highlighted four key areas for further liberalisation and opening up of...

Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...

Chinese Communist Party Touts Commitment to Further Economic Opening in Flagship Newspaper

The flagship newspaper of the Chinese Communist Party (CCP) has published an opinion piece in its finance section hailing further opening of...

New QFII/RQFII Rules Unify Qualifications and Regulations, Reduce Entry Thresholds, Expand Investment Scope

The launch of new rules governing investment in securities futures by qualified foreign institutional investors (QFII) in China is expected to further...

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Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

Chinese President Xi Jinping has publicly hailed the success of China's efforts to eradicate extreme poverty in the country's rural countryside.

Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources

Chinese fintech giant Ant Group reportedly plans to incorporate its highly lucrative micro-loan operations into a new consumer finance unit, in order...

World’s Biggest Bank to Welcome 30 Year Veteran of China Construction Bank as President

China and the world's biggest bank in terms of assets is set to welcome a 30-year veteran of another big state-owned lender...

Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...