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China Banking News. Service for global professionals. Constantly updated news and information about China.
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  • Inside the gold mine 8 Nov 2009 00:16 GMT
    ... For CEO Blankfein it comes down to one thing: ... capitals. But now the dark knights of banking are being forced, blinking, into the cold ... it misuses information or acts unethically. Strict "Chinese walls" between traders and advisers prevent any conflicts ...

  • Petri Blasts Health Care Bill During Debate 8 Nov 2009 02:33 GMT
    ... can: By August 31, 2010, our comb... Chinese President Hu Jintao met with U.S. Secretary ... U.S. Secretary of State Hillary Clinton in Beijing Saturday amid calls for closer ties between ... need to deepen and develop ties between China and the United States is becoming ever ...

  • East West Bankcorp Inc. acquires United Commercial Bank 8 Nov 2009 01:55 GMT
    ... York, Atlanta, Boston, Houston, and Seattle. East West operates four full-service branches in Greater China, including two branches in Hong Kong, and branches in Shanghai and Shantou. The bank also has representative offices in Beijing, Guangzhou, Shanghai and Shenzhen, China, and Taipei, Taiwan. The Shanghai, China, subsidiary of United ...

  • Geithner, Brown Split on Tobin Tax at Group of 20 Meeting 8 Nov 2009 01:55 GMT
    ... on how far to rein in the banking system. The outcome may determine the strength ... world more even and less reliant on Chinese savings and U.S. domestic demand. Tensions flared over China’s currency policy and how to fund the ...

  • G20 officials: Too early to end stimulus 8 Nov 2009 01:55 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G20 officials also ... emphasised the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G-20 finance officials: Too early to end stimulus 8 Nov 2009 00:13 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasised the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • Too early to end stimulus 8 Nov 2009 00:15 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasised the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G-20 Finance Officials: Too Early To End Stimulus 8 Nov 2009 00:35 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasised the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • Too Early To End Stimulus 8 Nov 2009 00:53 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasised the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G-20 officials pledge to maintain stimulus until recovery assured; no deal on climate funding 8 Nov 2009 00:53 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasised the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G-20 Finance Officials: Too Early To End Stimulus 55 min ago 8 Nov 2009 01:16 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasized the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G-20 Finance Officials: Too Early To End Stimulus 8 Nov 2009 01:18 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasized the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G-20 finance officials: Too early to end sti... 8 Nov 2009 01:32 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasized the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G20 finance officials: Too early to end stimulus 8 Nov 2009 02:10 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G20 officials also ... emphasised the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...

  • G-20 Finance Officials: Too Early To End Stimulus 1 hr ago 8 Nov 2009 02:38 GMT
    ... withdrawing some of its emergency lending to banks. On climate change, the G-20 officials also ... emphasized the need for quick implementation of banking industry reform, saying that stronger standards should ... comprised of Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, ...


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Take This Poll

According to the White House, 650,000 jobs were created or saved by $150 billion in stimulus funds. Was it money well spent? (Oct. 30, 2009)



 

Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8274
EUR 1 = CNY 10.1369

Hong Kong Dollar:
USD 1 = HKD 7.7502
EUR 1 = HKD 11.5071

Macau Pataca:
USD 1 = MOP 7.9786
EUR 1 = MOP 11.8462

Taiwan Dollar:
USD 1 = TWD 32.4990
EUR 1 = TWD 48.2529

USD 1 = EUR 0.6735
EUR 1 = USD 1.4848

Closing Stocks:
Shanghai A: 3,320.34(0.28%)
Shenzhen A: 1,180.71(0.59%)
Hang Seng: 21,829.72(1.63%)
Taiwan Taiex: 7,463.05(0.61%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Nov. 8

900 die as earthquake hits China
What year was it?

China blocked the main channel of the Yangtze river to begin work on the controversial Three Gorges dam, the world's largest hydroelectric power project.
What year was it?

China blocked the main channel of the Yangtze River to begin work on the controversial Three Gorges dam, the world's largest hydroelectric power project.
What year was it?

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