 |
|
|
 |
|
China Construction Bank (CCB) said on Monday that its first representative office in Russia has opened in Moscow.
China is drafting details of the Social Insurance Law that will allow it to apply to foreign employees, a senior official with the Ministry of Human Resources and Social Security said Monday.
Hong Kong stocks gained 66.25 points, or 0.29 percent, to close at 23,184.32 on Monday.
Chinese shares fell for the eighth consecutive trading day on Monday, with the benchmark Shanghai Composite Index down 0.13 percent, or 3.59 points, to 2,706.36.
The future of cross-border trade RMB settlement is inspiring, says HSBC Bank (China), the Economic Information Daily reported Monday.
China's rapid economic growth is not just driving demand for Australia's resources, but is also providing opportunities for financial services, Australian Trade Minister Craig Emerson said on Monday.
The Chinese currency Renminbi, or the yuan,strengthened 42 basis points to an all-time high at 6.4856 per US dollar on Monday, according to the China Foreign Exchange Trading system.
Chinese shares opened lower on Monday, with the benchmark Shanghai Composite Index down 0.20 percent to 2,704.49.
The issue of third-party online payment permits in China this week will boost the sector's development through giving it a legal status, analysts said.
Experts have suggested that the government should remove restrictions on private-sector businesses and individuals making direct overseas investments, pointing out that it could benefit the domestic economy.
Asian nations should promote cross-holding of their currencies and trim reliance on currencies of certain nations to push forward reform on the international monetary system, said Fan Gang, a former adviser to China's central bank, on Saturday.
The China Development Bank (CDB), one of China's three policy banks, said on Friday that the China Development Bank Capital Co Ltd, a wholly-owned subsidiary of the CDB, is planning to buy a minority stake in a leading US private equity fund, TPG Capital.
