This statement mirrors the experience in China. According to data released in June by MYbank, an online private commercial bank under Chinese fintech firm Ant Group, in the past five years, technological development has greatly increased the availability of small loans totaling less than 1 million yuan (7,000) to small and medium-sized enterprises (SMEs) in China.
This option offers huge untapped potential to protect environment and deliver sustainable development.
This new system is similar to the financial regulation strategies of the European Union, the United States and the United Kingdom, so it will also encourage international investment in the Chinese stock and bond markets.
This plays out on a growing number of issues. First of all, the US does not respect Europe's desire to comply with the Iran nuclear deal. It has coerced European countries into following unilateral sanctions that contravene international law.
This photo shows the Kwai Chung Public Mortuary in Hong Kong. [PHOTO/ARCHITECTURAL SERVICES DEPARTMENT/ HKSAR GOVERNMENT]
This is the second round of yuan-denominated treasury bonds to be issued by the MOF in Hong Kong this year. The first, also worth 7 billion yuan, was issued in June.
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This also reflects business realities. The goal for startups these days isn’t necessarily to go public, like it was in the past, but instead to be bought up by a Microsoft or Google or Facebook. And while that’s a perfectly valid business strategy, it does represent a literal focus on “selling out” rather than making it big on your own.
This is the first time for LNG to be exported from Canada to the Chinese market, an event of great significance at a time when China's demand for LNG is growing rapidly.
This recipe for Chicken Breast Provencal is inspired by ingredients typical of the region of Provence in the south of France, but easily found in a well-stocked supermarket.
This is the fifth market to get the Amazon Restaurants service just two months after it first launched in Seattle. And?it won’t be the last.