China’s Per Capita Disposable Income Rises 6.5% YoY in First Half of 2019
Per capita disposable income in China posted a real increase of 6.5% YoY in the first half…
Has Online Finance Crackdown Driven Office Vacancies in Beijing to Eight Year High?
Members of the real estate sector say that China’s heavy-handed deleveraging campaign in tandem with a crackdown…
Chinese Central Bank Issues Record 59.3M Yuan Fine to Third Party Payments Provider in Shanghai
The Shanghai branch of the People’s Bank of China (PBOC) has just dispensed the largest ever administrative…
China Development Bank on Track to Provide 30B Yuan in Student Assistance Loans to 4.4 Million Students in 2019
One of China’s three policy banks is expected to provide scholastic loans to over 4 million disadvantaged…
PBOC Implements 3rd Rural Reserve Ratio Cut, Injects 200B Yuan via Medium-term Lending Facilities
The Chinese central bank has injected 200 billion yuan into the domestic banking system via medium-term lending…
168.1B Yuan in Insurance Asset Management Products Registered in First Half of 2019
Over 168 billion yuan in insurance asset management products were registered in the first half of the…
Shanghai Renminbi Cross-border Trade Settlement for Jan-May up 46.3% YoY
Renminbi-denominated cross-border trade settlement has posted roaring growth in the decade since trial schemes were first launched…
CBIRC Heightens Scrutiny of Non-performing Asset Purchases by Local AMC’s
China’s banking regulator has launched new measures that place greater restrictions on the acquisition of non-performing assets…
Du Xiaoman Financial to Help China Everbright Set up Fintech-Assisted Wealth Management Subsidiary
Baidu fintech spin-off Du Xiaoman Financial (度小满金融) will help commercial lender China Everbright Bank to set up…
Asian Infrastructure Investment Bank Membership Expands to 100, Lending Hits $8.5 Billion in Total
The China-led Asian Infrastructure Investment Bank (AIIB) has recently breached the 100 member threshold.
