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China will further facilitate cross-border use of the renminbi by promoting pilot programs to boost trade and investment, making it possible for more foreign central banks and monetary authorities to hold the currency as a reserve asset, according to a report from the nation's central bank. After a decade of the currency's internationalization, Chinese policymakers expect that the allocation of RMB assets by foreign investors will be further facilitated, and domestic financial market transactions by foreign investors will keep growing rapidly. Cross-border use of the RMB has ...
发布时间: 2020 - 08 - 17
浏览次数:10
China will strengthen services and help solve operational difficulties for global companies in order to stabilize the long-term business confidence of foreign investors amid the economic fallout of the COVID-19 pandemic, government officials said on Thursday. The country saw foreign direct investment in the nonfinancial sector grow 0.5 percent year-on-year to 535.65 billion yuan ($77.16 billion) in the first seven months of this year, achieving positive growth for the first time since January, according to data from the Ministry of Commerce. In July, FDI inflows expanded 15.8 percent...
发布时间: 2020 - 08 - 14
浏览次数:4
MOSCOW -- Russia has registered the world's first vaccine against the novel coronavirus, Russian President Vladimir Putin said Tuesday. 'As far as I know, this morning, for the first time in the world, a vaccine against the new coronavirus infection has been registered,' Putin said during an online meeting with the Russian government. Russian Health Minister Mikhail Murashko confirmed at the meeting that the vaccine issued in Russia is the first in the world, while other countries are conducting clinical studies of vaccines under development. Murashko said that the n...
发布时间: 2020 - 08 - 12
浏览次数:6
China's drop in nonfood inflation indicates a slow recovery in demand from the COVID-19 pandemic, underscoring the need for Beijing to ramp up efforts to bolster domestic demand, analysts said on Monday.Their words came amid the latest report calling for deepening and refining policies to boost domestic demand and consumption, delivered by He Lifeng, minister of the National Development and Reform Commission, China's top economic regulator. More policies will be released to unleash consumption potential in the rural areas, boost new business models to spur household spending and a...
发布时间: 2020 - 08 - 11
浏览次数:5
It remains unclear at this stage how far-reaching this executive order is. It could, in time lead to both WeChat and TikTok being removed from Apple's App Store on iOS in the US (unless TikTok is sold to Microsoft in the meantime), and there's certainly a possibility it could affect Apple in China too. China accounts for about 20% of Apple’s iPhone sales, so pulling WeChat off the App Store “would be a serious hindrance,” said Anand Srinivasan, an analyst with Bloomberg Intelligence.Apple’s shares fell 2.5% to close at $444.45 on Friday in New York, part of a broad decline in tech...
发布时间: 2020 - 08 - 10
浏览次数:93
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