Author Archives: chinnet2net

China Travel – Gold bounces off as clashes in Egypt spur flight to safety

Gold futures on the COMEX Division of the New York Mercantile Exchange on Friday jumped the most since Nov. 4, as violent protests in Egypt buoyed up investor’s demand for the relative safety of the precious metal. The most active gold contract for April delivery surged 21.9 dollars, or 1.7 percent, to 1,341.7 dollars per [...]

China Business – Chinese shares rise for a third day

Chinese stocks advanced for a third day Friday, with the benchmark Shanghai Composite Index up 0.13 percent, or 3.6 points, to 2,752.75 points. The Shenzhen Component Index climbed 0.84 percent, or 98.9 points, to11,894.23 points. Learn Chinese, Learn mandarin, Learning Materials, Mandarin audio lessons, Chinese writing lessons, Chinese vocabulary lists, About Chinese characters, News in [...]

HSK – China’s banking regulator updates credit card rules

The China Banking Regulatory Commission (CBRC) has tightened the rules on the issuance and use of credit cards to limit misuse in the business. The CBRC ruled that minors under 18 may not have a bank credit card except as a supplementary card affiliated to a family member’s bank account. In addition, it placed a [...]