$0.45 arrow  Change: 0.45 %Chge: 0.00% Vol: 31,649
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High: 0.8805 | Low: 0.45 | Open: 0.88 | Close: 0.45
52 Wk High: 0.8805 | 52 Wk Low: 0.45 | Todays Pivot: 0.59
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Online News For Cdc Corporation Shs Class -a -

US-educated Yi Gang becomes head of China's central bank

US-educated economist Yi Gang has been named the next governor of China's central bank, replacing Zhou Xiaochuan. Mr Yi joined the People's Bank of China (PBOC) 20 years ago and has been its deputy governor since 2008. His appointment is being seen as one ...

Liu He: China's quiet economist becomes top economic leader

Harvard-educated Liu He has been named one of China's four vice-premiers - in charge of economic policies and financial issues. It's a huge and high-profile job. Known affectionately by some as "Uncle He", it's widely rumoured Liu He has been friends with ...

China elects new economic team as President Xi kicks off second term

BEIJING (Reuters) - China elevated a key confidante of President Xi Jinping to one of the top positions in government on Monday as Beijing cracks down on riskier financing and a debt to reduce systemic risks to the world’s second-largest economy.

Relationship goals - Ford tries to rebuild trust with China partners

BEIJING (Reuters) - After 20-odd years of “marriage” in China, Ford Motor Co (F.N) is having relationship issues. The U.S. automaker, losing ground in the world’s largest car market, is trying to maintain trust and respect in its partnerships with ...

China President Xi's key economic adviser Liu He nominated as a vice premier

BEIJING (Reuters) - Liu He, a key economic adviser of China’s President Xi Jinping, was nominated to be a vice premier. Yi Gang, a vice central bank governor, was nominated to become the head of the People’s Bank of China, while Liu Kun was nominated ...

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