Beijing issues construction guideline for joint ownership housing

BEIJING — Beijing’s housing commission on Saturday issued a construction guideline on joint ownership housing, which will go into effect from Sept 30. China’s housing authority has endorsed a pilot joint ownership housing scheme in Beijing and Shanghai, as part of government efforts to stabilize the property market. A total …

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VW supports German art exhibit in China

German auto manufacturer Volkswagen is sponsoring the largest German art exhibition in China. Titled Deutschland 8, the exhibition displays 300 pieces in eight venues across Beijing, including the Taimiao Temple, which is hosting an exhibition of this type for the first time.The exhibition runs through Oct 31. The display will be complemented by a …

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Why China declared bitcoin a spent force

By putting restrictions on the trading of the online crypto-currencies generically known as bitcoin, China appears to have moved ahead of the curve. In the first week of this month, the People’s Bank of China, the country’s central bank, and other financial authorities banned organizations and individuals from raising funds …

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NIS: List of Successful Candidates for Nigeria Immigration Service Pre-Screening Test

NIS: Candidates who applied for the Nigerian Immigration Service recruitment can now check their names on the published list of shortlisted candidates for pre-screening test using the outlined steps below; To Check If your name was Shortlisted for NIS Pre-Screening Test Follow the below links Click on states Select state as specified during registration  With …

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World Bank provides $600m loan for health reform in Anhui, Fujian

The World Bank has provided China $600 million loan to support its health reform, the biggest single loan the organization has ever provided to the country in the health sector, China’s top health authority announced on Friday. The loan will support Anhui and Fujian provinces in eastern China to promote …

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Investing? Let a robot make the financial decisions

China Guangfa Bank, one of the earliest-incorporated joint-stock commercial banks on the mainland, has launched a computerized investment advisory service, aiming to better integrate its business of offline professional wealth management and online artificial intelligent service. The artificial intelligent investment adviser, or the so called robot-adviser, is an online wealth …

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AmEx to apply for mainland license

US card service provider American Express is preparing to apply for a license to operate in China, a senior executive of the company said. China had announced in 2015 that it was going to open up the bank card payment clearing market, and details for applying for a license to …

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Bitcoin not to end well: JP Morgan Chase CEO

JP Morgan Chase CEO Jamie Dimon slammed bitcoin on Tuesday, saying the digital currency is “a fraud” that will eventually blow up. Jamie Dimon, chief executive officer of JPMorgan Chase & Co, reacts during the Europlace forum in Paris, France, July 11, 2017. [Photo/VCG]   Addressing the Delivering Alpha conference …

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China’s biggest bitcoin exchange to halt trading

BTCChina, the country’s biggest bitcoin trading platform, announced on Tuesday that the company will stop all trading from September 30, 2017, according to a statement. “The decision was based on policies issued on Sept 4 by the People’s Bank of China and relevant regulators over the risk of fundraising through …

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Goodbye, Bitcoin

Chinese Bitcoin exchanges including BTCChina and ViaBTC announced one after another to close all the transactions by the end of September, as ordered by a formal document released jointly by seven Chinese departments, involving the Central Bank, Cyberspace Administration of China, and Ministry of Industry and Information Technology. The news …

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