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MessagePosté le: Ven 27 Avr - 08:11 (2018)    Sujet du message: king Regulatory Commission (CBRC Répondre en citant

BEIJING Darren Fells Jersey , Dec. 28 (Xinhua) -- China will further cut red tape to create a better business environment for foreign banks, the country's banking regulator said Thursday.

The China Banking Regulatory Commission (CBRC) will revise rules on administrative licensing for foreign banks to minimize the approval items and unify market entry standards for Chinese and foreign banks, the CBRC said in an online statement.

The CBRC will clarify procedures and application materials for foreign and joint venture banks to invest in domestic banking institutions after a notice issued in March approved such behavior.

In the notice, the CBRC also eased license requirements for foreign and joint-venture banks in services including treasury bond underwriting and financial advising.

Foreign banks will only need to report to authorities after they launch certain services, rather than obtaining approval in advance Ricky Wagner Jersey , according to the revised rules.

The public has until January 27 next year to give suggestions on the revised rules, the CBRC said.

China has been gradually opening up its financial sector, with authorities pledging to ease caps on foreign ownership in Chinese banks and financial asset management companies.

The CBRC also said earlier that it would broaden the business scope of foreign banks, including easing restrictions on renminbi retail banking for foreign banks.



BRASILIA, Jan. 1 (Xinhua) -- Nine inmates were killed and their bodies were set on fire in a riot on Monday at a prison in Brazil's central state of Goias Greg Robinson Jersey , local authorities said.

Military Police Commander Divino Alves told local media the melee broke out on Monday afternoon between members of rival gangs at the prison in Aparecida de Goiania, the second largest city in the state, and it took officials nearly two hours to restore order.

The Executive Superintendence of Prison Management said in a statement that inmates in section C of the prison invaded section B, and started a fire.

Firefighters were called in to battle the flames, and smoke could be seen rising from the facility.

Another 14 inmates were injured in the fighting and they returned to their cells after receiving emergency treatment Michael Roberts Jersey , according to Brazil's G1 news website.

As many as 106 prisoners took advantage of the mayhem to escape, and officials have captured 29, the report said, adding that "another 127 left the prison due to the confusion, but returned voluntarily after the situation died down."

Officials were searching for the other escapees.

Prison riots are fairly common in Brazil Jalen Reeves-Maybin Jersey , where the overpopulation of prisons is a pervasive problem.



SPC cautiously imposes death penalty: expert

The man convicted in a high profile murder and rape case in Southwest China's Guizhou Province was executed on Saturday after the country's top court completed a three-month review of the death sentence verdict.

Law experts said the top court's probe and review prove that China is becoming more discreet when enforcing the death penalty.

Chen Quansong was scheduled to be executed on January 23 after China's Supreme People's Court (SPC) reviewed the death penalty, Chen's attorney told news site thepaper.

But the execution was cancelled on the day without elaborating why, and the SPC launched a new investigation over the case.

After three months of further investigation and proof, the SPC resumed its decision of the death sentence on Chen, and Chen was executed for homicide on Saturday.

Chen Kenny Golladay Jersey , 30, was convicted of murder after he killed two young women surnamed Wang and Xian in January 2014 in Shiqian county, Southwest China's Guizhou Province.

Chen then raped Wang's corpse and covered the two bodies with tree branches.

"The case shows that SPC tries to clear any doubts over imposing the death penalty and ensuring it is cautiously used," said Mo Shaoping, a law professor at the Central University of Finance and Economics.

"China has been increasingly cautious toward the use of the death penalty after the SPC gained review rights on death penalty cases in 2007 Teez Tabor Jersey , and in 2011 the court reduced the types of crimes covered by the death penalty from 68 to 55," Mo added.

RIO DE JANEIRO, March 11 (Xinhua) -- China has other options to invest in Brazil's energy market even if the recent fall in oil prices makes pre-salt oil exploration in the country unviable, Brazilian expert Severino Cabral said.

Cabral, head of the Brazilian Institute of China and Asia Pacific Studies Jarrad Davis Jersey , told Xinhua that it remains to be seen whether oil prices will stabilize between 60 to 70 U.S. dollars a barrel, which makes the exploration of both pre-salt and shale oil viable.

"It is not only pre-salt exploration that is at risk," he said.

However, Cabral stressed that a bigger scenario must be taken into consideration when it comes to the energy market -- if oil prices fall, renewable energy sources will seem expensive; if oil prices increase Graham Glasgow Lions Jersey , those sources become more attractive.

"Renewable sources will only be taken into consideration when oil and other fossil fuels get too expensive," he stressed, adding that "if oil prices remain between 60 dollars to 70 dollars, it is inevitable that countries will invest in it."

Brazil produces both pre-salt oil and regular oil. Currently prices are still convenient for pre-salt oil exploration, and the country will still have the chance to invest in less expensive regular oil production if prices fall to levels which make the pre-salt exploration unviable.

Besides A'Shawn Robinson Lions Jersey , the country can also explore other energy sources, especially the renewable ones such as ethanol fuel, solar power and wind power. It is also worth noting that Brazil has a high potential in hydroelectric power which supplies most of the.
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