Baidu’s Baifubao in partnership with 17 Chinese banks
Apr. 24, 2009 (China Knowledge) - The 17 banks include Industrial and Commercial Bank of China<601398><1398>, China Merchants Bank<600036><3968>, Agriculture Bank of China, China Construction Bank<601939><939>, China CITIC Bank<601998><998>, Bank of Communications<601328><3328>, Postal Savings Bank of China, Industrial Bank<601166>, China Minsheng Banking<600016>, and China Everbright Bank, etc.
The number of Baifubao’s newly registered users jumped nearly [...]
China to keep RMB exchange rate stable
Apr. 20, 2009 (China Knowledge) - China will adhere to its policy to keep the exchange rate of the Chinese currency basically stable at a reasonable and balanced level, said Jiang Yu, spokeswoman of the Foreign Ministry, at a press conference on Thursday.
China will continue its reform of the RMB exchange rate mechanism to achieve [...]
