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Taiwan banks
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Taiwan and the Chinese mainland have signed a direct currency clearing memorandum, under which Taiwan banks can start yuan transactions via correspondent banks as long as the island's local authorities approve. Ten Taiwan banks, including Bank of Taiwan, Taiwan Cooperative Bank, and Chinatrust Commercial Bank, have been allowed to establish branches on the Chinese mainland.
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  • (China Daily)2017-10-12 07:48

    Shanxi Province says it will cut pollution Shanxi province has joined other regions in northern China in taking steps to mitigate air pollution during the fall and winter. The coal-rich province will cut the levels of PM2.5(particulate matter with a diameter of 2.5 micrometers or less) and sulfur di...

  • (China Daily)2017-09-22 07:20

    GOVT AND POLICIES NDRC asks miners to avoid closures China's National Development and Reform Commission on Thursday warned coal miners not to temporarily close to avoid inspections as the country's top economic regulator works to stabilize prices amid environmental and safety checks. The NDRC also a...

  • By Li Xiaokun(China Daily)2017-09-21 07:05

    Singapore ties bolster region, president says Strengthening political trust between Beijing and Singapore and moving the relations forward are good for both sides, President Xi Jinping said on Wednesday. He made the remark at a meeting with Singaporean Prime Minister Lee Hsien Loong, who is on his f...

  • (China Daily)2017-08-28 07:26

    Events and stories coming up in the next few days Top legislative body to convene bimonthly session The Standing Committee of the National People's Congress, the country's top legislature, will hold its bimonthly session from Monday to Friday in Beijing. Members will discuss draft laws on nuclear sa...

  • (China Daily)2017-08-23 08:02

    Beijing Rewards go up for whistleblowers Chinese authorities announced on Tuesday that cash rewards would be increased for whistleblowers who report on food safety, drugs, cosmetics, health products and medical equipment. The China Food and Drug Administration and the Ministry of Finance said a sing...

  • By Oswald Chan In Hong Kong(China Daily)2017-08-04 06:16

    Pertinent issues of talent shortage, funding resources and regulatory overhaul should be urgently addressed for Hong Kong to catch up in the financial technology (fintech) revolution, according to industry practitioners. The situation has also been compounded by the fact that the city is estimated t...

  • By Wang Xin(China Daily)2017-07-14 09:21

    Sporting spirit has been deeply embedded in the Bank of China's corporate values, said Huang Danggui, general manager of the company's corporate banking department. Since its founding in 1912, BOC has highly valued the health of its staff. There are photos showing that there were tennis and basket c...

  • By Lin Wenjie In Hong Kong(China Daily)2017-07-07 05:50

    It's been almost a year since Winnie Wong Chi-shun became chief executive officer of Asia Insurance Ltd, bringing to it a wealth of experience from other insurance enterprises she had headed in the past. Before joining the company last year, she was CEO at insurance giant Aon Risk Solutions Hong Kon...

  • By Zhuan Ti(China Daily)2017-07-06 07:19

    Serving as a platform for cultural communication and cooperation in the film industry, the second BRICS Film Festival was held recently in Chengdu, Sichuan province, giving the public insight into diverse film cultures as well as the daily life and social development of BRICS countries, experts said...

  • By Zhang Yi(China Daily)2017-07-04 07:26

    A growing number of the island's residents ar relocating, lured by new policies, financial incentives and a wider range of opportunities, as Zhang Yi reports. 'Since I opened my first store in Sichuan province in December, the mainland's business potential has exceeded my expectations. I now have fo...

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