Chinese visitors to New Zealand will soon be able to shop with their plastic cards at a wider range of outlets after a deal was signed between major financial service providers in the two countries.
China's central bank on Wednesday announced that it will try to issue digital currency "as soon as possible.
The Chinese-initiated Asian Infrastructure Investment Bank (AIIB) is by no means "China's Marshall Plan", labelled by some Western media, as it is not a tool for confrontation or control but for the pursuit of common and sustainable development.
The first president of the Asian Infrastructure Investment Bank (AIIB) vowed on Sunday that he will adhere to the "highest possible standard" in running the new multilateral financial institution.
The open nature of the Asian Infrastructure Investment Bank (AIIB), an initiative of China, has inspired confidence around the world.
Myanmar is anticipating good prospects after the opening of China-initiated Asian Infrastructure Investment Bank (AIIB), a finance official said here Thursday.
Nepal government on Sunday tabled the article of agreement of the Asian Infrastructure Investment Bank (AIIB) at its parliament to legally become the founding member of the China-initiated bank.
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy.
Thousands of employees from the island nation's baking sector held a protest in the capital on Tuesday against the government's maiden budget for 2016.
The bank of Japan (BOJ) on Thursday decided to keep its current monetary policy, clinging to the judgment that the economy is "recovering moderately" despite recent data showing Japan has slipped into recession.
(South China Morning Post) Citic Bank and mainland Internet search engine giant Baidu to set up direct, or branchless bank venture
China's top legislature on Wednesday ended its bimonthly session by adopting revisions to the Seed Law and ratifying the Asian Infrastructure Investment Bank (AIIB) agreement.
China's central bank removed the deposit rate ceiling when it announced cuts to both interest rates and bank reserves on Friday, as it presses ahead with financial reforms amid a slowing economy.
The expansion of a credit-asset pledged relending program should not be misinterpreted as a Chinese version of quantitative easing (QE), a senior economist of the central bank told Xinhua on Wednesday.
The first phase of China International Payment System (CIPS) was officially launched Thursday in Shanghai, a milestone in the internationalization of the Chinese currency, the renminbi or yuan.
The Bank of Japan (BOJ) on Wednesday opted to maintain its accommodative monetary policy and hold off on additional easing despite sluggish exports and falling commodity prices threatening to derail the bank's ambition 2 percent inflation target next year.
Cambodia's economy is expected to remain strong through 2016, though it is likely to grow at a slightly slower pace than forecast earlier this year, according to the Asian Development Bank (ADB)'s annual economic outlook on Tuesday.
简体中文
