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China's Ambassador to the United Kingdom told the audience at the House of Commons on Monday that the China-proposed Belt and Road Initiative, also known as the BRI, is a "chorus" rather than a "one-man show", a platform for win-win cooperation rather than a tool to "put one's own country first".
China's banking and insurance regulator urged relevant financial institutions to take multiple measures to dispose of and mitigate the risk of banks' nonperforming assets, in addition to classifying bank loans strictly according to their inherent risks as "pass, special-mention, substandard, doubtful and loss" to truly reflect their risk level, Xiao Yuanqi, chief risk officer and spokesperson of the China Banking and Insurance Regulatory Commission, said at a news conference on Oct 21.

China's central bank carried out mock transactions using digital fiat currency with some commercial banks in June, a step aimed at exploring tech challenges involved in using government-backed digital money, according to central bank officials.
China will host the 2022 Winter Olympics, and the theme of the sculpture will reflect that, Zhang said.
China's central bank has decided to issue a set of banknotes and coins to commemorate the 70th anniversary of the renminbi, and the 50-yuan special banknote will circulate on the market with face value.
来源:资阳报