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News tagged with “economy of china”. Found: 48 tagged news reports.
 

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Sydney :: Australia | 11 days ago

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Australian end-to-end payments leader Cuscal has announced on Monday that an ATM access partnership has been established with UnionPay. With over 4.2 billion cards on issue,UnionPay cardholders will have easy access to Cuscal's rediATM network across

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Beijing :: China | 13 days ago

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Trade between the Shanghai and Hong Kong bourses will be settled in the yuan, said the Chinese mainland security regulator on Friday...During the pilot, investors in Hong Kong will be allowed to buy up to 13 billion yuan a day in mainland shares,

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Beijing :: China | 2 months ago

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China's securities regulator said on Friday that it would work with other agencies to issue a set of rules to govern the burgeoning Internet finance industry. Internet finance has some unique features and we need targeted regulations," a commission

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Qingdao :: China | 5 months ago

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The death toll from an oil pipeline blast in Qingdao City of China's eastern Shandong Province rose to 62 after the body of the last missing person was retrieved, rescue officials said om Monday. About 136 people were hospitalised and 14 were

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Beijing :: China | 5 months ago

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Seven of the nine people detained are from Sinopec, which owns the pipeline, and two are from the Huangdao Development Zone, the zone authority announced on Monday. Eight oil containment booms have been preventing the remaining crude oil from

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Qingdao :: China | 5 months ago

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The death toll from two huge blasts caused by leaked oil from a ruptured pipeline in an eastern Chinese port city has risen to 44, authorities said on Saturday as the state oil refiner apologised for one of the country's worst industrial accidents.

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Qingdao :: China | 5 months ago

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A leaky pipeline caught fire and exploded on Friday morning in the coastal city of Qingdao, East China's Shandong province, local authorities confirmed on its verified official microblog. A fire broke out and the blast occurred around 10 am in the

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Shanghai :: China | 6 months ago

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China Petrochemical Group, parent of Shanghai and Hong Kong listed oil giant Sinopec Corp, plans to spend an estimated maximum $17.7 billion to buy back a 2 percent stake in the Shanghai-listed entity over the next year, in an apparent move to

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Shanghai :: China | 6 months ago

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During the Qing Dynasty (1644-1911), businessmen from the northern province of Shanxi founded a number of financial institutions that specialized in money transfers, and later expanded their services to deposits and loans. In 1906, Shen Manyun, a

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Shanghai :: China | 7 months ago

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Wholly foreign-owned or joint-venture banks will need at least 1 billion yuan ($163.37 million) in registered paid-in capital, compared with 300 million yuan at present. The draft raises the bar for stakeholders of foreign banks, which must have

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