Lord Mayor of the City of London Travels to China to Promote Sino-UK Fintech Cooperation
The Lord Mayor of the City of London has highlighted the potential for greater cooperation with China…
Alibaba to Cooperate with Chinese IT Veteran Aisino on Blockchain, Cloud Computing
Internet giant Alibaba plans to cooperate with a leading Chinese IT company on the development of fintech-related…
Macro-Leverage Ratio of China’s Real Economy Declines for First Time Since 2011
A new report from two of China’s leading think tanks points to a decline in the country’s…
ICBC to Lead Trials for Over-the-counter Sales of Local Government Bonds
China’s biggest bank is set to debut over-the-counter sales of local government bonds.
Basic Aged Care Pension to Rise Around 5%, Retired Pensioners in China Expected to Reach 118M in 2019
The Chinese government has confirmed that the basic aged care pension will be increased for the fifteenth…
Chinese P2P Lender Dianrong Blames Heavy, Unclear Regulation for Ailing Performance
One of China’s leading P2P lenders has blamed lack of regulatory clarity from the central government for…
Yangtze River Delta, Pearl River Delta, Jing-Jin-Ji Region Account for over 40% of China’s GDP
A new report from a leading think tank points to the predominant role of several major urban…
Xiong’an New Area to Launch 7.9B Yuan in Major Infrastructure Projects
The newly established urban district of Xiong’an has just unveiled a new round of municipal infrastructure projects.
China’s Banking Regulator Steps up Disclosure Requirements for Net Stable Funding Ratios
The China Banking and Insurance Regulatory Commission (CBIRC) hopes to improve the liquidity risk management of commercial…
Lack of Talent an Impediment to Fintech Ambitions of Chinese Banks
A new report from the peak body for the Chinese banking sector highlights to a an insufficient…
