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China sees brisk trade in carbon market By Sun Chi | chinadaily.com.cn | Updated: 2021-07-26 17:17 Share CLOSE A wind turbine system generates energy in Northwest China's Xinjiang Uygur autonomous region. [Photo/Xinhua] China has seen brisk trade in the carbon emission quota market since it was launched on July 16 said Liu Yingbin, spokesman for the Ministry of Ecology and Environment at a news conference on Monday. A total of 2,162 power companies were included in the first performance cycle of the country's carbon market, covering a...

Doctors remove large tumor in risky operation   22:11 UTC+8, 2021-03-11       0 Patient in extreme discomfort responding well after surgery at Renji Hospital made complicated because he had already had an operation to remove the same tumor in 2003.   22:11 UTC+8, 2021-03-11       0 Doctors have successfully removed a large tumor from the belly of a 70-year-old man after surgery that was risky and complicated as he had already had an op...

Search China Might Further Tighten Control Over Large Fintech Firms by Limiting their Banking Partners, According to Former Finance Minister December 20, 2020 @ 4:10 pm By Omar Faridi Chinese authorities may consider further tightening control over large Fintech companies by restricting or limiting the number of banking institutions they can work with, according to the Securities Times which cited recent statements from a former Chinese finance minister. As first reported by Bloomberg, bad loans might increase if any single platform starts controlling a large portion of the market, according ...

HKMA Speech: Hong Kong Can Help Chinese Fintechs Go Global In a speech this week delivered at the China Fintech Global Summit in Shenzen, Liu Yingbin, Senior Assistant President, Hong Kong Monetary Authority (HKMA) said that Hong Kong can help mainland Chinese Fintechs go global. Yingbin touted Hong Kong’s Fintech ecosystem which has emerged as a top Fintech hub due to the combination of governmental support and an active private sector driving innovaiton. Yingbin highlighted the HKMA’s multi-pronged approach to supporting Fintech innovation. First, he pointed to the fast payment system...