china's digital currency, snippets

Liu Xiaochun, Vice President of Shanghai New Finance Research Institute: Small and medium-sized financial institutions may focus on capital increase, restructuring and mergers and acquisitions. The Central Economic Work Conference proposed to effectively prevent and resolve risks in key areas and firmly hold the bottom line of no systematic risks. The meeting also proposed that the risks of local small and medium-sized financial institutions should be properly handled. Liu Xiaochun, vice president of Shanghai Institute of New Finance and Shanghai Jiaotong University Institute of Finance, believes that local debt risks are gradually being resolved, and efforts should be made to resolve real estate risks and risks of small and medium-sized financial institutions in the next stage. (SSE)GBP/USD of GBP against USD fell by 1.27, with an intraday decrease of 0.40%.Spot silver fell more than 2.00% in the day and is now reported at $31.26 per ounce; COMEX silver fell more than 3.00% in a day and is now quoted at $31.98 per ounce.

European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy. European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy.European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy. European Central Bank President Lagarde: The European Central Bank will pay attention to the impact of the exchange rate on the economy.Li Guangzi, director of the Banking Research Office of the Institute of Finance of China Academy of Social Sciences: The risk of small and medium-sized financial institutions is the focus of risk disposal in the coming period. Li Guangzi, director of the Banking Research Office of the Institute of Finance of China Academy of Social Sciences, told reporters that with the implementation of the policy package to resolve local government debt risks, the local government debt risks have obviously converged recently. In contrast, risks in real estate and small and medium-sized financial institutions are still outstanding. In this context, the meeting took the risks of real estate and small and medium-sized financial institutions as the focus of risk disposal in the coming period, which made clear the focus and pointed out the direction for further financial risk disposal. Especially in the field of real estate, because of its long adjustment cycle and wide coverage, it is still the top priority of risk disposal. (SSE)

Will the defendant in the "Capitol Hill riots" be pardoned? Trump gave a timetable. US President-elect Trump said in an interview on the same day that he intends to pardon the "most" thugs accused or convicted in the "Capitol Hill riots" on January 6, 2021. This will be one of the first official actions during his second term as president. Trump said that the pardon will "start from the first hour, maybe the first nine minutes."China Resources Land: The contracted sales in November was about 25.80 billion yuan, up 6.9% year-on-year. China Resources Land announced on the evening of December 12 that in November 2024, the Group achieved a total contracted sales of about 25.80 billion yuan, with a total contracted sales floor area of about 1.203 million square meters, up 6.9% and 11.1% respectively. In the first 11 months of 2024, the cumulative contracted sales was about RMB 229.10 billion, and the total contracted sales floor area was about 10.031 million square meters, down by 19.9% and 16.8% respectively.Accidents happen frequently. Our embassy reminds China compatriots in Thailand to participate in high-risk tourism projects cautiously. On the 12th, the China Embassy in Thailand issued a document reminding China compatriots in Thailand to participate in high-risk tourism projects cautiously. The Embassy said that a China compatriot who came to Thailand to participate in paragliding recently had an accident. Since the beginning of this year, several China compatriots have had accidents due to their participation in high-risk sports or recreational projects. The Embassy of China in Thailand would like to remind our compatriots in Thailand to have a firm sense of risk. When choosing tourism projects, please comprehensively consider the qualifications of the project company, the quality of equipment and facilities, transportation, medical assistance and supporting services. Fully consider the possible hidden risks, combined with their own physical condition and reasonable judgment, paragliding, jungle leap, snorkeling, upstream, cave exploration and other projects have higher risks. If you really need to participate, please choose a regular travel agency or project organization, fully understand the terms of the agreement and sign a formal contract, receive technical training, wear life-saving equipment and abide by relevant regulations. It is recommended to buy personal accident insurance. In case of unexpected circumstances, please call the police in Thailand for help as soon as possible, and contact the embassy or consulate in Thailand to minimize losses.