Like many other product categories in China, the credit card industry is booming.
Mortgage growth is slowing in the city after soaring for 13 months due to government measures to control credit.
When the National Bureau of Statistics (NBS) in October released its consumption figures for the first three quarters, people were surprised to discover that consumers are playing an ever-important role in the growth of the economy.
Robert P. Kelly is still working out the details of the integration of Bank of New York and Mellon, which merged in July.
Companies based in the Asia-Pacific region are beginning to favor the mainland and Hong Kong as preferred locations for their regional headquarters (RHQs), however Singapore still remains the top choice.
HSBC, the largest bank in Europe, opened a global operation center in the city of Foshan, Guangdong Province, early this week, signaling its confidence in the prosperous Pearl River Delta region and the entire mainland market.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
