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Chinese banks have sufficient allowances for loan impairment losses to handle risk exposures due to high regulatory requirements, said people with a good knowledge of the banking sector.
Chinese and Kazakh enterprises, along with financial institutions, have signed at least 24 deals worth more than billion during Chinese President Xi Jinping's visit to Kazakhstan in early June.

Chinese consumer electronics giant TCL Corp will ramp up efforts to expand its presence in Europe, India and South America this year, and increase investment in the research and development of artificial intelligence, with a focus on semiconductor display, new material and other emerging businesses.
Chinese companies and individuals are awaiting the unveiling of a more aggressive tax cut plan, which could be soon and aims to lower business costs and reserve more income next year.
Chinese internet giant Tencent Holdings has expanded its range of insurance offerings after an insurance agency backed by it got the necessary approval.
来源:资阳报