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India's Central bank has hiked interest rates in a bid to tackle inflation which is at its highest rate in over a decade. But as Anjana Pasricha reports from New Delhi, there are fears the measure will slowdown growth in one of the world's fastest g
BEIJING, March 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank(中央银行 ), auctioned 50 billion yuan (7.61 billion U.S. dollars) of three-month bills at a yield of 2.7944 percent on Thursday, temporarily easing speculati
Webank is China's first Internet-based bank. Its establishment marks a major step in deepening reform in the financial sector, one that's being constantly transformed by the Internet. Webank was approved by the country's regulators in July, 2014. Fiv
intangible assets 无形资产 intangible property 无形财产 integrated accounting system 综合会计制度 intended dividend 拟宣布摊还债款 intending borrower 拟借款人 intending purcha
WASHINGTON, April 16 (Xinhua) -- With Monday's choice of U.S.-nominated Jim Yong Kim to head the World Bank, the global lending institution continued its longstanding -- and controversial -- tradition of keeping an American at the helm. Nominated las