Agricultural Development Bank of China | Zee News

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Agricultural Development Bank of China News

31 Oct 2016

China to invest $140 billion to relocate poor citizens to more developed areas

The funds will be used mainly to construct homes, support facilities and basic public infrastructure, with the rest going to the restoration of vacated lands, state planner National Development and Reform Commision (NDRC) said in a document.

China`s central bank

08 Oct 2016

China central bank injects $41 billion via mid-term lending facility in September

China`s central bank lent 275 billion yuan ($41.24 billion) via its medium-term lending facility (MLF) to financial institutions in September, it said in an online statement on Saturday.

03 Mar 2016

Moody's cuts China outlook on eve of NPC, cites reform, fiscal risks

Moody`s downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing uncertainty over authorities` capacity to implement economic reforms, rising government debt and falling reserves.

19 Jun 2014

$5 bn-plus irregularities at China fund, banks: State auditor

China Investment Corporation (CIC), Bank of China and Agricultural Development Bank of China violated regulations in areas including asset selling, loan issuance and fraudulent invoicing, according to the National Audit Office (NAO).

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