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China–Switzerland Relations
Relations between the Republic of China and Switzerland officially began in 1918.Yufang Zhou, Die Exterritorialitätsrechte der Schweiz in China (1918–1946), Frankfurt am Main und Bern 2003 In 1950, Switzerland recognized the People's Republic of China (PRC). In the 21st century, economic relations between the two nations grew substantially, although relations became somewhat strained around 2020 due to Swiss criticism of China's persecution of the Uyghurs and the 2020 Hong Kong national security law. However, in 2024 relations became warmer again, with China adding Switzerland to the list of European countries whose citizens enjoy visa-free access for tourist travel. This was followed by a launch of negotiations regarding an updated free trade agreement, which were previously delayed by Swiss concerns about human rights in China. History Among the first Swiss visitors to China were Jesuit missionaries in the 17th century. Their watches were popular with the Qing court and as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of China (1912–1949)
The Republic of China (ROC) began on 1 January 1912 as a sovereign state in mainland China following the 1911 Revolution, which overthrew the Manchu people, Manchu-led Qing dynasty and ended China's imperial China, imperial history. From 1927, the Kuomintang (KMT) Northern expedition, reunified the country and initially ruled it as a one-party state with Nanjing as the national capital. In 1949, Nationalist government, the KMT-led government was defeated in the Chinese Civil War and lost control of the mainland to the Chinese Communist Party (CCP). The CCP Proclamation of the People's Republic of China, established the People's Republic of China (PRC) while the ROC was forced to Retreat of the government of the Republic of China to Taiwan, retreat to Taiwan; the ROC retains control over the Taiwan Area, and political status of Taiwan, its political status remains disputed. The ROC is recorded as a founding member of both the League of Nations and the United Nations, and previous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clearing (finance)
In banking and finance, clearing refers to all activities from the time a commitment is made for a transaction until it is settled. This process turns the promise of payment (for example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another. Clearing houses were formed to facilitate such transactions among banks. Description In trading, clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying transaction. It involves the management of post-trading, pre-settlement credit exposures to ensure that trades are settled in accordance with market rules, even if a buyer or seller should become insolvent prior to settlement. Processes included in clearing are reporting/monitoring, risk margining, netting of trades to single positions, tax handling, and failure handling. Systemically important payment systems (SIPS) are payment systems which have the characteristic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renminbi
The renminbi ( ; currency symbol, symbol: Yen and yuan sign, ¥; ISO 4217, ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the China, People's Republic of China. The renminbi is issued by the People's Bank of China, the Central bank, monetary authority of China. It is the world's Template:Most traded currencies, fifth-most-traded currency as of April 2022. The Yuan (currency), yuan () is the basic unit of the renminbi. One yuan is divided into 10 Jiao (currency), jiao (), and the jiao is further subdivided into 10 Fen (currency), fen (). The word ''yuan'' is widely used to refer to the Chinese currency generally, especially in international contexts. Valuation Until 2005, the value of the renminbi was Fixed exchange-rate system, pegged to the United States dollar, US dollar. As China pursued its Chinese economic reform, transition from planned economy, central planning to a market economy and increased its participation in foreign ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Bank Of China
The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the ''PRC People's Bank Law'' and the ''PRC Commercial Bank Law''. The PBC was established in 1948 as the bank serving areas of mainland China under Chinese Communist Party (CCP) control and became China's sole central bank after the founding of the People's Republic of China in 1949. From 1969 to 1978, the PBC was demoted to a bureau of the Ministry of Finance. The PBC was extensively reformed during the 1990s, when its provincial and local branches were abolished, instead opening nine regional branches. In 2023, these reforms were reversed as when the regional branches were abolished and the provincial branches restored, and new arrangements essentially ended the PBC's longstanding role in financial supervision. The PBC is the 25th-ranked of 26 ministerial-level departments of the St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss National Bank
The Swiss National Bank (SNB; ; ; ; ) is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price stability, while taking economic developments into consideration. The SNB is an ''Aktiengesellschaft'' under special regulations and has two head offices, one in Bern and the other in Zürich. History The bank formed as a result of the need for a reduction in the number of commercial banks issuing banknotes, which numbered 53 sometime after 1826. In the 1874 revision of the Federal Constitution it was given the task to oversee laws concerning the issuing of banknotes. In 1891, the Federal Constitution was revised again to entrust the Confederation with sole rights to issue banknotes. 1905 foundation The Swiss National Bank was founded under the law of 6 October 1905 ('the National Bank Act'), which entered into force on 16 January 1906. Business was started on 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer Klaus Schwab. The foundation's stated mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The foundation is mostly funded by its 1,000 member Multinational corporation, multi-national companies. The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the canton of Graubünden, in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss list of global issues, global issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiss Federal Institute Of Technology In Zurich
ETH Zurich (; ) is a public university in Zurich, Switzerland. Founded in 1854 with the stated mission to educate engineers and scientists, the university focuses primarily on science, technology, engineering, and mathematics. ETH Zurich ranks among Europe's best universities. Like its sister institution EPFL, ETH Zurich is part of the Swiss Federal Institutes of Technology Domain, a consortium of universities and research institutes under the Swiss Federal Department of Economic Affairs, Education and Research. , ETH Zurich enrolled 25,380 students from over 120 countries, of which 4,425 were pursuing doctoral degrees. Students, faculty, and researchers affiliated with ETH Zurich include 22 Nobel laureates, two Fields Medalists, three Pritzker Prize winners, and one Turing Award recipient, including Albert Einstein and John von Neumann. It is a founding member of the IDEA League and the International Alliance of Research Universities (IARU), and a member of the CESA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Center For Security Studies (CSS)
Center or centre may refer to: Mathematics *Center (geometry), the middle of an object * Center (algebra), used in various contexts ** Center (group theory) ** Center (ring theory) * Graph center, the set of all vertices of minimum eccentricity * Central tendency, measures of the central tendency (center) in a set of data Places United States * Centre, Alabama * Center, Colorado * Center, Georgia * Center, Indiana * Center, Warrick County, Indiana * Center, Kentucky * Center, Missouri * Center, Nebraska * Center, North Dakota * Centre County, Pennsylvania * Center, Portland, Oregon * Center, Texas * Center, Washington * Center, Outagamie County, Wisconsin * Center, Rock County, Wisconsin **Center (community), Wisconsin *Center Township (other) *Centre Township (other) *Centre Avenue (other) *Center Hill (other) Other countries * Centre region, Hainaut, Belgium * Centre Region, Burkina Faso * Centre Region (Cameroon) * Centre-Val de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ueli Maurer
Ulrich "Ueli" Maurer (; born 1 December 1950) is a Swiss politician who served as a List of members of the Swiss Federal Council, Member of the Swiss Federal Council from 2009 to 2022. A member of the Swiss People's Party (SVP/UDC), he was President of the Swiss Confederation in 2013 and 2019. Formerly head of the Federal Department of Defence, Civil Protection and Sports (2009–2015), Maurer has headed the Federal Department of Finance from 2016 to 2022. From 2019 to 2022, he was the longest-serving sitting member of the Federal Council. An accountant by occupation, Maurer chaired the Swiss People's Party from 1996 to 2008. Elected by the Federal Assembly (Switzerland), Swiss Federal Assembly to succeed Federal Councillor Samuel Schmid in 2008 Swiss Federal Council election, 2008, he took office on 1 January 2009. Maurer served as Vice President of Switzerland for 2012 and 2018 and President of Switzerland for 2013 and 2019. He was reelected to the Federal Council in 2011 Swis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
