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China Financial Industry

China scraps benchmark lending rate to liberalise financial system

The LPR, revamped to become the benchmark for new loans this year, is based on the interest rate for one-year loans

China scraps benchmark lending rate to liberalise financial system
Updated On : 28 Dec 2019 | 10:50 PM IST

China eases rules: Foreign firms can own stakes in security ventures

China's announcement of the changes in 2017 coincided with a visit by US President Donald Trump to the country

China eases rules: Foreign firms can own stakes in security ventures
Updated On : 30 Apr 2018 | 12:49 AM IST

China offers a financial industry exam in English, first test on May 4

China has been highlighting its plans to open up, as part of managing tensions with the US including President Donald Trump's threats to impose tariffs

China offers a financial industry exam in English, first test on May 4
Updated On : 16 Apr 2018 | 8:31 PM IST