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China's central bank is carrying out new measures to ban initial coin offerings and virtual currencies on Tuesday, aiming to maintain the country's financial market stability.
China's central bank decided on Wednesday to inject more than 800 billion yuan (5 billion) into the financial sector by reducing the amount of cash financial institutions must keep in reserve. The move is designed to maintain "reasonably ample" liquidity and lower financing costs for the real economy.
China's carmakers look to other markets to stimulate growth
China's Foreign Ministry has said that the Korean Peninsula nuclear issue is in essence a security issue, and its crux is the contradiction between the DPRK and the US.
China will support those funds to expand business, such as overseas equity investment, debt financing, and cross-border guarantee.
来源：资阳报