Former HSBC Staff Face Bribery Charges Over Alleged Scheme to Bypass Bank Account Opening Queues
Three former employees of the banking giant HSBC have been formally charged by Hong Kong’s Independent Commission Against Corruption (ICAC) in connection with an alleged bribery scheme. The individuals, identified…
People’s Bank of China Injects Net 20 Billion Yuan to Ease Liquidity, Signaling Continued Prudent Monetary Stance Amid Deleveraging Drive
BEIJING – The People’s Bank of China (PBOC), the nation’s central bank, on Monday injected a net 20 billion yuan (approximately $3.02 billion USD) into the financial system through open…
Asian Infrastructure Investment Bank Approves Landmark $250 Million Loan for Beijing’s Natural Gas Expansion to Combat Air Pollution
The Asian Infrastructure Investment Bank (AIIB) announced a significant $250 million loan for a natural gas project in Beijing, marking the bank’s inaugural investment within China and its first corporate…
Asian Development Bank Commits $6.17 Billion for 31 Projects in China (2018-2020), Shifting Focus Towards Green and Inclusive Growth Initiatives
The Asian Development Bank (ADB) has announced an ambitious investment plan for China, earmarking a total of $6.17 billion for 31 projects between 2018 and 2020. This significant commitment underscores…
China’s Central Bank Injects Net 20 Billion Yuan to Ease Liquidity, Signaling Targeted Monetary Management
BEIJING – China’s central bank, the People’s Bank of China (PBOC), initiated a net injection of 20 billion yuan ($3.02 billion) into the financial system via open market operations on…
Asian Development Bank Commits $6.17 Billion to China’s Sustainable Development, Pivoting Towards Environmental and Social Projects
The Asian Development Bank (ADB) has unveiled an ambitious plan to invest a total of $6.17 billion in 31 projects across China from 2018 to 2020, signaling a significant strategic…












