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Bangladeshi Prime Minister Sheikh Hasina's ruling Bangladesh Awami League, which gained a stunning majority in the general election on Dec 30, will form its new cabinet before Jan 10, according to the party's General Secretary Obaidul Quader.
Bank of China will also improve performance evaluations so that its loan officers will not be held responsible for defaults on loans to small businesses if they have done the due diligence, said Pan Yuehan, chief risk officer at BOC.The bank's latest move came two days after China's top banking and insurance regulator announced three new targets for banks regarding offering loans to private firms.
Baidu secured 40 licenses to test self-driving vehicles carrying passengers on designated roads in Beijing on Dec 30, 2019. After eight months of small-scale manned testing, the Baidu Apollo robotaxi fleet has completed road tests totaling 519,000 kilometers in Beijing and obtained permission to open up to the general public.
Bank of Communications, one of China's "big five" banks, said on Thursday that it has suspended opening new positions for crude oil trading products, citing significant pricing and liquidity risks in the international oil market. The move followed the decisions of Bank of China and China Construction Bank, which announced similar trading suspensions on Wednesday.
Bai Xuemei, vice-president of CD Finance, a Beijing-headquartered rural microfinance institution, said on the sidelines of the forum: "With the development of science and technology, some very capable institutions that highlight financial technologies have emerged, offering loans via microcredit companies. The market impact they have created with their capabilities is something that was not expected by regulators and the existing market players."
来源：资阳报