financial [4]

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China balks at proposed financial bans on Iran

| Findory News China

Reuters: UNITED NATIONS - China, backed by Russia, balked on Friday at financial sanctions against Iran during talks among six powers on a new U.N. Security Council resolution that would penalize Tehran for its nuclear program.


China postal bank opens for business

| Findory News China

Financial Times: China's revamped postal savings system opened for business as the country's fifth biggest bank, pledging to improve its reach in rural areas where financial services and capital are scarce.


US official warns China to open markets

| Findory News China

Financial Times: China could pay a political price in Washington for not doing more to open its markets in sectors ranging from aviation to financial services, a senior US official said on Thursday.



Beijing to allow more offshore investments

| Findory News China

Financial Times: China will allow domestic investors to buy more overseas financial assets "very soon" in a move aimed at reducing the country's ballooning foreign exchange reserves.


Macao Bank Challenges U.S. Ban as Politically Based

Mon, 16 Apr 2007 23:17:46 EDT | New York Times

Banco Delta Asia, accused of committing financial crimes for North Korea, challenged a U.S. ruling that bars the bank from access to the U.S. financial system.


US, Europe differ on Chinese growth

| Findory News China

Financial Times: US financial services industry hopes China's growth figures will encourage China to open up its banking sector and manufacturers look for pressure on the renminbi, while European Commission welcomes signs of growing export market


HK the bridge to Mainland business

Sat, 21 Apr 2007 21:15:54 +0800 | HKSAR Government

US investors can make use of Hong Kong, an international financial centre and the gateway to China, as a bridge to business opportunities in China, Secretary for Financial Services & the Treasury Frederick Ma says.


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