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BOC is the only bank from a developing economy in the Top 20 list based on the bank internationalization index in a report released by Zhejiang University's Academy of Internet Finance on Oct 25 in partnership with the International Monetary Institute of Renmin University of China. The report analyzed 68 banks from 32 economies in terms of their degree of internationalization.

BEIJING -- Mo Jiancheng, a former member of the Communist Party of China (CPC) committee of the Ministry of Finance (MOF), has been expelled from CPC and dismissed from public office for violating the Party's code of conduct.

BMW AG is to expand its joint venture with Brilliance Automotive Group Holdings as part of efforts to bolster its continued success in China's increasingly competitive premium car market.

BEIJING -- The top legislature of China will convene for its bi-monthly session from Oct. 30 to Nov. 4, according to a statement issued after a chairpersons' meeting Monday.

BEIJING -- China's new yuan-denominated loans reached 1.66 trillion yuan (about 4 billion) in June, up from 1.18 trillion yuan in May, central bank data showed Friday.