Such bonds will provide banks with a source of long-term funds and support continuous expansion of their banking business. As some perpetual bonds can be recorded as equity instruments in accounting books, issuing this type of bonds will lower the leverage of small and medium-sized banks, said Wang Gang, research fellow with the Research Institute of Finance under the Development Research Center of the State Council, in an article published in China Finance on Monday.
Stories unfold in the style of chat sessions in Amazon’s new “Rapids” app. (Photos via Amazon).
Strategy Analytics, a global consulting firm, said Apple has an Asia problem, particularly in China.
Such practice is neither constructive nor responsible, and it will not win the support of the people, he added.
Such growth is mainly being driven by QR code payments, cash transfers and internet finance, the report said.
Still, 370 kilometers of railroad are under construction and will be put into use within three years. By then, Beijing will have more than 1,000 kilometers of subway railroad, which can transport 17 million passengers a day.
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Stringent anti-infection measures are in place at 350 test venues located at secondary schools across the territory. All examinees and some 21,000 exam invigilators are required to wear masks; desks are kept at least 1.8 meters apart; any candidate who has a fever will be banned from entering the exam venue.
Stone soars to slice the province into pieces, long making human development an uphill battle in every sense.
Still, there are challenges ahead. To make TME work, artists and composers need to be adequately rewarded in what music industry insiders call the "value gap".
Stolen property including 16 gold bars and more than 2.3 million yuan and 0,000 in cash was recovered on Thursday by Haidian police in Beijing, according to Beijing Evening News on Friday.