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Wednesday, November 25, 2020
Tags Davos

Tag: Davos

China Commits to Globalization and Economic Opening at Davos

China's representative to the World Economic Forum in Davos, Switzerland has delivered a speech reiterating Beijing's commitment to globalisation and further economic opening Liu He,...

Chinese Experts Weigh in on Moody’s Downgrade at Davos

Leading economic and financial figures from China have used the 2017 Davos Forum as a venue to pillory Moody's recent decision to downgrade the...

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PBOC Steps up Pressure on Chinese Payments Platforms with Doubling of Penalty Amounts

The Chinese central bank has heightened its scrutiny of the payments sector with a sharp increase in the value of penalties imposed...

China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...

China’s Banking Authority Steps up Regulation of Trust Company Shareholders, Corporate Governance

The China Banking and Insurance Regulatory Commission (CBIRC) has issued new regulations concerning the shareholders and corporate governance of domestic trust companies....

Ant Group Grabs Approval for over $3 Billion in ABS Financing for Huabei and Jiebei Platforms

Chinese fintech giant Ant Group has just secured approval for 20 billion yuan (approx. USD$3.04 billion) in asset-backed security (ABS) financing.