Dalian Wanda Group is selling a 49% stake in Beijing Investment to Hong Kong-listed gaming and film company China Ruyi for 2.26 billion yuan ($31 million).
As China’s financial framework continues to transition from sectoral regulation to functional regulation, it is clear that Beijing still wants to maintain a tight grip over the country’s financial system.
Further to Go With Rate Increases, Powell Tells Senators; Bank of Mexico Stays on Hold Again By James Christie Good day. U.S. inflation and economic activity haven t slowed as much as many Federal Reserve officials had anticipated. That is casting .