Latest News for: Renminbi law

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Overseas institutions encouraged to invest in domestic tech companies

People Daily 23 Apr 2024
... approve the qualification applications for the dollar-denominated qualified foreign institutional investor program, or QFII, and its renminbi-denominated sibling, RQFII, in accordance with the law.
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ECARX Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results

The Eagle-Tribune 28 Feb 2024
ECARX undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law ... We make no representation that any Renminbi or U.S.
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For Indian companies, the way to money

Indian Express 19 Dec 2023
H-shares are Renminbi-denominated but trade in Hong Kong dollars. Indian laws have also facilitated a somewhat similar mechanism in the past ... Indian company law ... Multiple laws would need to be amended.
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China likely to adopt law for financial risk control next year

ECNS 12 Dec 2023
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes ... In December 2022, the Standing Committee of the National People's Congress, the country's top legislature, reviewed the draft law on financial stability for the first time.
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Lee throws SAR clout behind bay area drive

Hong Kong Standard 16 Nov 2023
Ayra Wang ... The Standard Channel ... "Hong Kong is the biggest global hub for offshore renminbi business and the only common law jurisdiction in the country, which allows the city to be brought in line with other international financial centers." ... .
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ECARX Announces Third Quarter 2023 Financial Results

The Eagle-Tribune 09 Nov 2023
ECARX undertakes no obligation to update or revise and forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law ... Unless otherwise noted, the translation of Renminbi into U.S.
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Xinhua Asia-Pacific news summary at 1600 GMT, Oct. 28

China.dot.org 28 Oct 2023
Lee made the remarks via video link at a symposium commemorating the 33rd anniversary of the promulgation of the Basic Law of the HKSAR held by the Joint Committee for the Promotion of the Constitution and Hong Kong Basic Law.
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ECARX Announces First Quarter 2023 Financial Results

Enid News & Eagle 12 Jun 2023
ECARX undertakes no obligation to update or revise and forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law ... We make no representation that any Renminbi or U.S.
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First ECARX Investor Day to Showcase Latest Innovations and Growth Strategy

Longview News-Journal 09 May 2023
ECARX undertakes no obligation to update or revise and forward-looking statements to reflect subsequent events or circumstances, except as required by applicable law ... We make no representation that any Renminbi or U.S.
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The Great De-Dollarization

Armstrong Economics 23 Apr 2023
Moreover, would you really feel more comfortable in, say, the renminbi? Even if it was fully convertible and liquid, would you honestly feel more sure that Beijing will behave lawfully than DC? The ...
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RMB should offset U.S. rate hikes impacts

ECNS 03 Feb 2023
As for digital renminbi-related laws and regulations, favorable policies should be introduced to consolidate the legal and regulatory foundation for the development of the digital renminbi, help ...
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Alliances key to US bid to defeat China

Korea Times 12 Jan 2023
Though China aspires to expand the renminbi's global role, a credible reserve currency depends on it being freely convertible, as well as on deep capital markets, an honest issuing government, and the rule of law.
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CHEN XIAODONG: China’s vision remains one of prosperity for all

Business Day 17 Nov 2022
... development of the Belt & Road Initiative; the orderly internationalisation of the renminbi;  and preserving the diversity and stability of the international economic and trade landscape.
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China looks to increase penalties under its cybersecurity law

Reuters 14 Sep 2022
China's 2017 cybersecurity law marked the first major set of rules governing the storage and transfer of data of Chinese origin. The country over the past year has added laws on data security and personal information protection.
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China watchdog says is probing the head of chip-focused Big Fund

Yahoo Daily News 01 Aug 2022
In July, the CCDI announced it had placed Lu Jun, former head of investment firm Sino IC Capital, which managed the Big Fund, under investigation, citing "serious violation of discipline and the law.". ($1 = 6.7526 Chinese yuan renminbi).
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