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China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday. The country is planning to initiate a number of strategically important aid projects to help improve transportation, energy and telecommunications in those countries, according to the Ministry of Commerce, which is responsible for administrating the country's foreign aid programs. Projects involving construction and improvement of roads, railways, ports and airports are already being implemented in countries including Laos, Myanmar, Nepal and in Central Asia, Yu Zirong, deputy director-general of the foreign aid department at the ministry, told a news conference in Beijing. "China's growing future foreign aid program will be tilted toward neighboring countries and those in the Silk Road region," Yu said. The planned shift in direction for Chinese foreign aid is a direct result of President Xi Jinping's proposed national strategy to revive the centuries-old trading routes connecting Asia and Europe, experts said. The newly created 40 billion yuan ($6.5 billion) Silk Road fund and the Beijing-initiated Asian Infrastructure Investment Bank are expected to facilitate China's foreign aid programs in the future, they said. "Such a shift indicates that China will be more inclined to offer assistance to Asia and neighboring countries," said Wang Luo, a researcher at the Chinese Academy of International Trade and Economic Cooperation. "It does not mean that the percentage of China's foreign aid to Africa will drop. It just means that Asia and countries along the Silk Road will get a greater share as China grows its aid spending," she said. Africa has been the largest recipient of China's foreign aid with more than half of spending directed at the continent between 2010 and 2012, according to a policy paper issued in June. China spent 89.34 bill

Premier Li Keqiang pressed the 'enter' button on a computer on Sunday to finalize the first loan by WeBank, a new online bank and one of five privately funded banks given approval to open in China. During a visit to China's first Internet-based bank, Li said he placed high hopes on online competition in the banking sector to cut costs and force State-owned financial giants to change outdated business models. "Internet-based banking is a significant step in China's financial reform," Li said, stressing that the government will provide a good environment for the development of private and online banks. Contact Us If you have further queries, don't hesitate to contact us anytime, anywhere by simply visiting  website www.ono-bbb.net, or calling China hotline at 86-021-31397141, 86- 18930833905,86-0791-88167848,86-18970952901 or emailing to tangjie881216@163.com,

he West African Development Bank (BOAD) is set to receive a loan of 100 million euros ($125 million) from the China Development Bank, a source from the regional bank's headquarters in Lome said on Tuesday. he West African Development Bank (BOAD) is set to receive a loan of 100 million euros ($125 million) from the China Development Bank, a source from the regional bank's headquarters in Lome said on Tuesday.

Hong Kong's Hang Seng Index opened 100 points higher, but worries over possible fund raising by Chinese banks helped drive the index sharply lower in the late afternoon.

The Hong Kong market surged after major central banks acted to help European banks struggling with the region's debt crisis. A drop in Chinese banks required reserves boosted stocks.

Bank of China, a major Chinese state-owned bank, has been authorized to conduct renminbi clearing business in Kuala Lumpur, Malaysia, China's central bank said on Monday. Contact Us If you have further queries, don't hesitate to contact us anytime, anywhere by simply visiting  website www.ono-bbb.net, or calling China hotline at 86-021-31397141, 86- 18930833905,86-0791-88167848,86-18970952901 or emailing to tangjie881216@163.com,

The report is titled 'Cord Blood Banking Services Market: Opportunity Analysis and Future Assessment 2020-2028'. An overview of conceptual frameworks, analytical approaches of the cord blood banking services market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The cord blood banking services market is expected to grow at a significant rate in the near future. The cord blood banking services market is expected to cross US$ 43.0 Bn by 2028, at a CAGR of 7.1% during the forecast period of 2020 to 2028.

Hong Kong stocks drifted lower, weighed down by persistent concern about the European debt crisis. The big four China banks' lending in December hit a three-year high, but bank stocks were soft.

China stocks ended a volatile week higher on Friday, with banks set to lead the market to further gains.

Investors are hoping China will implement an eagerly expected cut on banks' reserve requirement ratio to boost economic growth.

Markets in Hong Kong and Shanghai sank as China failed to make a highly anticipated cut in banks' reserve requirement ratios. Chinese insurers, brokerages and banks all suffered.

Hong Kong opened higher, but gains were capped at 21,000 by worries over a weak Chinese economy and stocks retreated to end slightly lower.

This week's IMF report on risks facing Chinese banks underlines concerns facing China stock investors, but is unlikely to have much effect on stocks prices.

Chinese blue chips found early support at 19,000, news that China's "big four" banks had increased new loans the last two weeks triggered a strong rebound in higher turnover.

Before G8 and G20 summits in Toronto next month can discuss a proposed global bank tax, Canada, whose banks stood out during the economic meltdown, has mounted an international effort to scuttle the idea. To get the US, India, China and other economies on their side and scuttle the idea, three Canadian ministers have reached Washington, Mumbai and Shanghai.

China and Hong Kong stocks slid lower as optimism cooled about a solution to Europe's debt crisis at the upcoming EU summit meeting. Very thin turnover reflected a lack of momentum.

Hong Kong blue chips opened higher after China cut banks' reserve requirement ratio but started to swoon in mid-morning under profit-taking pressure to end slightly lower.

" Retail Banking Market Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Retail Banking basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis."

China stocks are stuck in a narrow range for now, pulled up by prospects of credit easing in China and down by an unending flow of bad news about Europe's debt crisis.