Tag Archives: banking

Foreign cards may woo Chinese users

Visa, MasterCard apply for permission to compete against Union Pay in China

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Wang Yang calls for US tech exports to China

Wang cited China’s imports of integrated circuit (IC), which hit $227 billion last year, more than the importing of crude oil, iron ore and primary plastics combined. But only 4 percent of China’s IC imports came from the US.

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Growth in money supply scaled down

Growth in a broad measurement of China’s money supply dropped to a record low in June as regulators worked to reduce leverage in the nation’s economy.

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Nation should focus on key risk points, central bank warns

China should redouble its efforts to regulate key risk points in the financial sector to ensure financial stability, the central bank said on Tuesday.

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Sino-US deal eases access to markets

China and the US have reached a new deal that will ease market access in agriculture, financial services and energy, marking both sides’ willingness to advance the trade relationship and alleviating fears of a trade war between the world’s two largest economies.

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Leaders aim to fend off financial risks

Top leaders on Wednesday called for more efforts to ensure financial security because such stability plays a key role in maintaining healthy economic growth.

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