China says far from national CO2 scheme
Beijing – China still needs to do a lot of work before it can fully launch its long-awaited nationwide carbon emissions trading scheme and will gradually phase in the system that is already running behind schedule, a senior government official … Continue reading China says far from national CO2 scheme
China: Two more foreign financial institutions licenced
Shanghai – China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country’s banking and insurance regulator said in a notice on Sunday, bringing the total number of approvals to 12. Germany’s Allianz … Continue reading China: Two more foreign financial institutions licenced
OFO : No threat of bankruptcy
Beijing – It’s possible that Ofo could be acquired or merged in the future; however, bankruptcy is impossible, The Paper reported citing Ofo founder and CEO Dai Wei. Dai did not provide details why Ofo will not go bankrupt. In … Continue reading OFO : No threat of bankruptcy
Wang: China ready to talk to Washington
Singapore – ‘When I hear words of praise, I fear that it is peng sha,’ Wang tells audience at Bloomberg New Economy Forum in Singapore China’s Vice-President Wang Qishan delivered unusually personal, off-the-cuff remarks in Singapore before his keynote address … Continue reading Wang: China ready to talk to Washington
China: Xi confirms commitment to ‘free trade’
Shanghai — For the third time since U.S. President Donald Trump was elected, Chinese President Xi Jinping took to the global stage on Monday to repeat his rhetoric against protectionism and promote his country as an advocate for international openness … Continue reading China: Xi confirms commitment to ‘free trade’