China’s Top Banking Regulator Hails Expansion of Private Sector Economy and Fintech Industry
The senior-most figure in China’s banking regulatory system said that the private sector and fintech are playing…
Xiaomi VP Resigns over Breaches of Public Security Law, Detained for Five Days over Obscene Behaviour
Wang Lingming (汪凌鸣), vice-president of Chinese smartphone giant Xiaomi, has resigned from his position over alleged breaches…
Tencent Leads $250M Financing Round in Travel Website Mafengwo
Tech giant Tencent has played the leading role in the latest round of financing for Chinese travel…
China’s Express Delivery Market Posts over 30% Growth in April
China’s express delivery sector has seen robust growth since the start of 2019.
Fintech Enables China Merchants Bank to Drive Micro and Small Enterprise Lending Above 400B Yuan
China Merchants Bank (CMB) has used internet-facilitated fintech to drive financially inclusive lending to small businesses.
Shanghai the First in China to Approve Full Implementation of Foreign Investment Law
The Shanghai municipal government has just passed a resolution for the full implementation of China’s new foreign…
Greater Chinese Banks Strive to Capitalise upon Beijing’s Financial Opening
Banks from Taiwan and Singapore are leading the charge to take advantage of mainland China’s recent efforts…
Hunan Province Unveils “Ten Fintech Provisions” to Drive Start-up Growth in Central China
The central Chinese province of Hunan has become the third administrative region to unveil a raft of…
Beijing’s New Bitcoin ATM Has Already Been Removed
A Bitcoin ATM that recently made an appearance on a street in Beijing has already been removed…
CSRC to Grant Domestic Banks Access to China’s Bond Futures Market
China’s financial authorities plan to give domestic commercial banks access to the bond futures market, amidst broader…
