China will inject US$40 billion into the International Monetary Fund (IMF) as part of a capital increase plan that will help boost the global economy, said British Prime Minister Gordon Brown, at a news conference at the close of the one-day G20 Summit held in the British capital London on Thursday.Brown said that the...
China will enact more policies to provide more support to export-oriented industries, said Jiang Yaoping, vice minister of Chinese Ministry of Commerce, on Friday. China will focus on improving trade financing environment, and supporting exporters in technology upgrades, said Jiang, without giving details.The vice...
Beijing plans to invest US$160 billion in infrastructure in 2009 to expand domestic demand, guarantee city resources, improve ecological environment and enhance people's livelihood, according to the Beijing Municipal Development and Reform Commission....
Bank of China was forced to abandon its plan to invest in Rothschild after Chinese regulators refused to give the deal a green light.
China's banking regulator wants banks to get more out of Western strategic investors, extending lockup periods to five years.
China's National Social Security Fund (NSSF) raised its stakes in five listed real estate companies in 2008, sources reported.The NSSF acquired a 4.9% stake in Beijing Vantone Real Estate Co Ltd<600246> in the fourth quarter of last year. During the same period, the fund bought a 3.3% stake and a 0.58% stake...
China will require a lockup period of at least five years for foreign strategic investors of Chinese banks, the Shanghai Securities News reported, citing Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC), the nation's banking watchdog.The move will reduce the impact of the sale of large...
discussions focusing on market salvation cost-sharing, economic growth stimulus and international monetary system restructuring will help form a tripod structure for the international monetary system.
China and the European Union (EU) signed a protocol in Brussels on Tuesday, extending the China-EU maritime transport agreement to all the 27 member states of the EU, the official Xinhua News reported.The newly-signed protocol is applicable to Bulgaria and Romania now and will further strengthen maritime...
China's Ministry of Finance (MOF) plans to issue RMB 22 billion worth of super long-term treasury bonds, the Shanghai Securities News reported on Wednesday.The 30-year book-entry treasury bonds are set to be auctioned on Apr. 8, said the newspaper. However, detailed information on the bond issuance is not...