BIZCHINA / Biz Media Digest |
Finance: Financial income to reach 3.9 trillion yuanUpdated: 2006-12-26 14:44 Jin Renqing, the Minister of Finance, said that during the first eleven months of the year, China's financial income had reached 3.6084 trillion yuan, 24.7 percent more than last year. It is expected that the financial income for the year will be approximately 3.9 trillion yuan, a new record. (People's Daily Online) Bank of China is diversifying its offshore assets away from the US dollar and reducing its overall foreign exchange exposure as the yuan continues to rise, the South China Morning Post reported yesterday, citing the Shanghai and Hong Kong-listed bank’s president Li Lihui. (Shenzhen Daily) (For more biz stories, please visit Industry Updates) |
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