China's financial regulators have tightened rules for bond trading, a move that may exert short-term selling pressure on the bond market but will help reduce excessive leverage and curb risks in the country's financial system, analysts said.
China last week launched its first national fund to guide efforts to boost the service trade, based on innovation and sustainable development, and to push economic transformation, the Ministry of Commerce announced on Monday.
Boom in China's consumer loan securitization could pause this year as regulators target lenders' high debt levels and limited asset disclosure.
BEIJING - A booming digital economy is reshaping China's economic landscape as the spread of technology such as big data and artificial intelligence or AI revives traditional industries and casts new light on high-quality development.
About one-third of China's top 30 property companies have entered the long-term home rental market, according to a report from CRIC, a real estate research services provider.
Globally expanding, talent-hunting Chinese companies across industries are causing big changes in the composition of clients of major headhunters.
The new year 2018 is expected to see banks listed on the A-share market post improved performance, said analysts. Even their shares may rise in the bargain, they said.
SHANGHAI - Apple farmers in Yijun county of Northwest China's Shaanxi province no longer need to overly worry about drops in apple prices, thanks to financial instruments that they may find difficult to understand.
A television drama series centered on the lives of five women in the dog-eat-dog world of contemporary Shanghai has been an eyeopener for Dmitry Ivanov.
Dan Houston, chairman and CEO of global financial investment management company Principal Financial Group, believes a good leader should always be present rather than become a presider. Therefore, he spends a lot of time every year traveling around the world to work directly with his international teams.
WASHINGTON - A first-of-its-kind genetic treatment for blindness will cost $850,000 per patient, making it one of the most expensive medicines in the world and raising questions about the affordability of a coming wave of similar gene-targeting therapies.
Diageo, the world's leading premium drinks company, is looking to become the biggest supplier of whisky by market share in China by the end of 2018, with a long-term goal of realizing 5 percent of its global sales of the brown liquid in the country in the next decade.
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