Author: weimiaow

Renminbi to remain stable, regulator saysknotes at a ba

Central bank vice-governor voices confidence amid currency volatility The monetary authority vowed to stabilize the renminbi amid escala ted trade tensions, while continuing to push forward financial opening-up and pr otecting overseas investors’ legal rights, said a senior official from the central bank on Sunday. “We have the foundation, confidence and capacity to maintain a…

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ed it from repaying investors’ principal and interest. La

September, 53 people in the company were transferred for examination and prosecution.u’an, a county in China’s Hebei province, 50 kilometers away from Beijing’s Tiananmen Square, is looking to build an innovation-driven coun Emerging fields including online lending, investment, pension services, consumer reb ates, financial mutual aid and virtual currencies have become “disaster areas” for economic…

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