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CHINA’s asset-backed securities (ABS) market saw tremendous growth last year Sidney Jones Eagles Jersey , driven by a rise in the issuance of consumption-related securitizations, a report showed.
In 2017, the volume of new issuances surged 64.7 percent to about 1.5 trillion yuan (US$236 billion), making China the world’s second-largest securitization market in terms of new issuance volume Derek Barnett Eagles Jersey , according to a report by Pengyuan International, a credit rating company.
Consumption-related securitizations have experienced explosive growth, with auto loan ABS surging 85.6 percent to 109 billion yuan.
The sharp increase in the issuance of consumption-related securitization was driven by China’s transition to a consumption-based economy and firms’ incentives to diversify their funding sources and lower funding costs through securitization, the report said.
China’s consumption growth and e-commerce development contributed to a rise in consumer loans Authentic Corey Clement Jersey , which in turn fed consumption-related ABS issuance growth.
The rating agency expects China’s ABS market to continue to grow in 2018, but at a moderate pace.
“Due to the new policies on regulating consumer-loan originations, consumer loan ABS issuance in 2018 might not able to keep pace with the previous year,” it said.
The issuance of transactions backed by commercial real estate assets will continue to increase Authentic Jaylen Watkins Jersey , driven by favorable policies in the housing rental market and property developers’ incentives to diversify their financing channels, the report said. (Xinhua)
ADDIS ABABA, Jan. 29 (Xinhua) -- Ethiopian Prime Minister Hailemariam Desalegn on Monday rejected a French media report that alleged China was spying on the African Union (AU) headquarters in Addis Ababa.
The French newspaper Le Monde said China had bugged the building it had built and gifted to the AU in 2012 and had been downloading data from servers in the building.
"There's nothing to be spied (on) because (the) China-Africa relationship is very strategic, comprehensive Authentic Jalen Mills Jersey ," Hailemariam said on the sidelines of the 30th AU summit held at the AU headquarters.
AU Commission Chair Moussa Faki told a press conference at the end of the summit that he did not find any sign that the AU building was being spied upon.
Calling the report "sensational", "preposterous" and "totally untrue", Kuang Weilin, head of the Chinese mission to the AU Authentic Ronald Darby Jersey , said the AU headquarters is a very important project donated by China to support the pan-African bloc.
China's relationship with Africa and the AU will go on and be further strengthened, Kuang said.
"That is the tide of the times that one newspaper, one sensational story can't stop," he added.
Kuang also questioned the paper's intention as the article was published a day before the AU summit.
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Now there are diverse types short and long courses. Depending on one’s expectation and career planning the course should be attempted. The learner would be then sent to various resorts worldwide; Canada, France Authentic Torrey Smith Jersey , New Zealand. From there the proper guidance would enable one to realize the dream.
Now these varieties of snowboarding institutions offer diverse snowboard instructor courses on variable costs. Before commencing from a specific institution one requires comparing the fields and qualification the chosen training course covers. If it does not go with the requirement like and dislike of the learner then for the sake of institutional eminences one must not precede.
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CHENGDU， Nov. 28 (Xinhua) -- Plans are in the pipeline for an animated movie about the prehistoric Sanxingdui Ruins in southwest China's Sichuan Province， Sichuan Publishing Group Co.， Ltd. announced on Monday.
"The Golden Mask" will focus on a golden mask found during the excavation and the mysterious culture of the ruins， according to sources with the group.
Touching on fantasy， adventure and time travel， the movie will be produced and screened on 3D and IMAX screens. It is expected to be released in 2019.
With investment of 20 million U.S. dollars， the movie has secured copyright certificates from China and the United States， said Yao Xiaoming， executive producer of the movie， adding that the crew will include a Hollywood director， art designer and composer.
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