CHINESE commercial lenders brought in more profits in the first quarter of this year, while the quality of their assets remained stable, China’s top banking regulator said yesterday.
CHINESE commercial lenders brought in more profits in the first quarter of this year, while the quality of their assets remained stable, China’s top banking regulator said yesterday.
OVERSEAS direct investment in China’s financial institutions, including banks, insurers and securities firms, saw a net outflow of US$1.29 billion in the first quarter of 2017, the foreign exchange regulator revealed yesterday.
CHINA’S consumer demand for gold rose 8 percent year on year to 282.4 tons in the first quarter of 2017, compared with an 18 percent drop in global demand due to a slower pace of central bank buying and a previous high base, the World Gold Council said yesterday.
ALIBABA Group and the Argentine government have signed a memorandum of understanding to develop new trade opportunities to meet rising demand for imported goods in China.