The China Banking Regulatory Commission said on Tuesday that the nonperforming loan ratio of commercial banks in China a the fourth quarter came in at a 1.81 percent, up from an NPL ratio of 1.76 percent in the third quarter - a development which triggered further measures by the national banking regulator.
State-owned China Southern Airlines denied immediate plans to bring other major shareholders into the company on Wednesday - hard on the heels of reports the previous day of a mixed ownership plan which pushed the stock price up 7.38 percent.
Walmart Inc donated 2.65 million yuan ($382,175) it has raised from its staff, suppliers and customers to a Chinese foundation in early January, aiming to enhance the nutritional conditions of more students living in poor areas.
GAC Motor Co Ltd, the subsidiary of the Guangzhou Automobile Group Co, has signed an agreement with a local science institution to build a low-carbon and new energy exhibition, aiming to promote an environmentally-friendly lifestyle.
Vicks, a cold and cough medicine brand of Procter & Gamble and Zhong Nanshan, a renowned academician of the Chinese Academy of Engineering, jointly released a handbook on cold prevention and treatment in Guangzhou.
The Postal Savings Bank of China Co Ltd announced on Tuesday that it has launched a blockchain-based system for its asset custody business.
China's main indexes edged lower on Tuesday, as investors took profits after a recent strong rally fueled by reforms hopes.
Yunfeng Capital - the fund backed by Chinese e-commerce billionaire Jack Ma, and HNA Group Co - is among participants preparing second-round bids for stakes in Spanish audiovisual company Imagina Media Audiovisual SL, according to sources with knowledge of the process.
The growing presence of Chinese companies at the Consumer Electronics Show indicates a stronger-than-ever desire to crack the US market, as they work hard to gain an edge in high-end gadgets, analysts said on Monday.
The new Nokia-branded smartphone may not be able to compete with Chinese local handset brands, as the country now represents the most competitive smartphone market in the globe, analysts said on Monday.
China's e-GDP, a monetized measurement of the digital economy, will grow to around $16 trillion by 2035, while about 415 million job opportunities will be created, according to a report released by the Boston Consulting Group.
|
|
|
|
|
|
|
|