The central bank created the Shanghai Interbank Offered Rate, or Shibor, in 2007, which is a no-guarantee and wholesale interest rate. The PBOC has tried to develop it as market benchmark rates, but has not made much headway as the use of Shibor is still limited.
The changes to EB-5 come as the Trump administration tightens all visa rules for those looking to enter the US. The EB-5 program had come under fire by lawmakers who said it could be used for fraud.
The city of Bellevue, Wash., is looking more and more like Amazon’s actual second headquarters location.
The central government announced the launch of the China (Liaoning) Pilot Free Trade Zone over the weekend to revitalize the traditional industrial base in Northeast China and promote international economic and trade cooperation in Northeast Asia.
The chair of Louisiana's Democratic Party, Sen. Karen Carter Peterson, has been regularly slamming the bill. She's posted opposition messages on Twitter, such as: "Roe vs. Wade should be respected not undermined! Right to privacy!" But she hasn't directly criticized Edwards by name, and the party is supporting him for reelection.
The civic service center of Xiongan New Area in northern Hebei province, a State-level economic zone set up last year, is a typical example. The landmark project includes 89 serviced apartments covering 4,475 square meters and six office buildings. Nearly 600 modules are needed.
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The city's Party chief, Li Hongzhong, and Mayor Liao Guoxun quickly went to the site to oversee rescue work and ensure priority was given to saving people's lives, according to Tianjin Daily's Wechat public account. They stressed paying close attention to renovation security and continuing the investigation.
The central government has since January been trying to boost consumption of a wide range of goods including vehicles, asking local authorities to offer different forms of assistance and ease restrictions on vehicle purchases, especially new energy ones.
The city's State-owned property owners will slash rentals by about 600 million yuan, said Zhang Hongwei, deputy director of city's bureau of industry and information technology, at a news conference on Friday.
The central bank said on Sunday it will use various monetary policy instruments to maintain a reasonable and adequate level of financial market liquidity, in addition to providing targeted liquidity support for small and medium-sized banks.