An email from the People’s Bank of China’s chief representative for the Americas, Song Xiangyan, to the director of the US Federal Reserve's International Finance Division, Steven Kamin, on the morning of July 27, 2015, had the subject line: "Your urgent assistance is greatly appreciated!"
The director of CIRC’s life insurance supervision department Yuan Xucheng noted that the rapid growth of short- and mid-term insurance products has caused concerns about the risks created by potential asset-liability mismatches and liquidity conditions.
Huawei has been successful in extending its leadership position in the ICT area to the smart city market. Its Safe City Solution has reportedly been deployed in more than 100 cities globally in collaboration with multiple technological partners.
Longmay is the largest state owned coal company in Heilongjiang, producing close to 50 million tonnes of coal a year. On March 12, Governor Lu acknowledged that wages were in arrears for Longmay’s workers and attributed the gaffe to Longmay’s management’s withholding of information.