Search For "bank of china"
China's economic growth will slow sharply in 2022: World Bank
Updated : 4 years, 5 months ago IST
Hong Kong, December 22 (ANI): China's economic growth has been given a bleak picture by World Bank's report on Wednesday as the world's second-largest economy faces mounting headwinds from the new Omicron variant to a severe property sector downturn.
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Chinese firm demands billions of shillings from Kenya before handing over
Updated : 4 years, 9 months ago IST
Nairobi [Kenya], August 12 (ANI): A Chinese firm demanded billions of shillings in pending bills that Kenya borrowed to build the modern railway line from Mombasa to Nairobi.
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China banks' profit revival falters as lenders sucked in bad debt provisio
Updated : 5 years ago IST
Hong Kong, May 11 (ANI): China banks' profit revival falters as country's largest lenders get sucked into further support for ailing parts of the economy and struggling state-owned companies (bad debts), despite a broad recovery from the coronavirus pandemic.
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Chinese bank to review USD 6 bn loan for Pakistan's ML-1 railway project
Updated : 5 years, 1 month ago IST
Beijing [China], April 24 (ANI): The Chinese government has sent Pakistan's first modern railways' infrastructure project -- Main Line-1 (ML-1) -- to the Exim Bank of China for approval of a USD 6 billion loan.
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People's Bank of China picks up 0.006 pc stake in ICICI Bank through QIP
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 18 (ANI): The People's Bank of China has picked up 0.006 per cent stake in ICICI Bank by investing Rs 15 crore in the private sector lender's Rs 15,000 crore qualified institutional placement (QIP) exercise which concluded last week.
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People's Bank of China now owns 1.01 pc stake in HDFC
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 12 (ANI): The People's Bank of China (PBOC) has bought 1.01 per cent stake in the Housing Development Finance Corporation (HDFC).
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Equity indices in narrow range, IndusInd Bank gains by 4.7 pc
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 20 (ANI): A day after clocking gains of over 1 per cent, equity benchmark indices fell flat during early hours on Thursday with all sectoral parameters moving in a narrow range.
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US raises concerns over China's lack of currency transparency
Updated : 7 years, 7 months ago IST
Washington D.C. [USA], Oct 18 (ANI): Amid escalating trade tensions between the United States (US) and China, the U.S. Department of the Treasury has raised concerns over China's lack of currency transparency and the recent weakness in its currency.
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Bank of China to operate in India, RBI issues license
Updated : 7 years, 10 months ago IST
New Delhi [India], Jul 4 (ANI): The Reserve Bank of India on Wednesday issued licence to Bank of China to operate in India, according to sources.
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Beijing on brink of economic collapse, warns Chinese bank chief
Updated : 8 years, 6 months ago IST
Beijing [China], November 11 (ANI): Zhou Xiaochuan, the governor of China's central bank - the People's Bank of China (PBOC), has warned that China's financial system is becoming more vulnerable due to high levels of leverage, or borrowing.
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Bank of China becomes operational in Pakistan
Updated : 8 years, 6 months ago IST
Beijing [China], November 7 (ANI): The Bank of China (BoC) became operational in Pakistan as it inaugurated its first branch in Karachi on Tuesday.
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