The China Banking Regulatory Commission recently launched a series of measures to reduce internet financing risks. One of the measures is aimed at regulating online student loan platforms. It says such platforms or agencies should not grant loans to university students who don't have the capability to pay back, and bans promotions that trick students into borrowing money and ending up paying exorbitantly high interest rates.
One of the most influential Australian media outlets has hyped up a hypothetical "China slowdown" while highlighting the severe economic consequences it could bring to Australia.
Joint development to be the dominant theme at Belt and Road Forum for International Cooperation next month in Beijing
Leading international relations expert Wang Yiwei believes China will push forward a new model of globalization at a major forum to be held in Beijing next month.
Barking and Dagenham, one of London's poorest and most neglected boroughs, has found new fame as the most westerly point of China's new Silk Road rail route.
London's banking sector is working hard to embrace financing activities along the routes of the Belt and Road Initiative.
In January, I watched the first-ever China-UK freight train pull into London's Barking Station in front of a crowd of reporters, several diplomats and a troupe of lion dancers.
Chinese rail vehicle manufacturer CRRC Zhuzhou Electric Locomotive will upgrade its facilities in Malaysia this year as it looks to win the service contract for the upcoming Singapore-Malaysia high-speed rail project, its chairman said.
China National Machinery Industry, the nation's largest machinery maker by production capacity, is to build more research and development facilities, warehouses, home appliances and parts plants in the China-Belarus Industrial Park this year.
China Communications Construction Co, one of the country's biggest infrastructure project providers by market share, will boost its overseas sales revenue to 50 percent of its total by 2035 via the development of the Belt and Road Initiative, diversified operation models, and overseas mergers and acquisitions, according to its chairman.
Editor's Note: As China holds an international forum on the Belt and Road Initiative in Beijing next month, China Daily talks with business leaders over their views and their participation in the developments.
Having seen the ETU School in Beijing develop from an idea to a facility with 15 full-time teachers and more than 30 students, co-founder Li Yinuo is confident of success and feels ready to take the next step.
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