China’s Outbound Foreign Investment Hits $104.48B for Jan-Nov
The latest official data indicates that Chinese outbound foreign investment held steady for the first eleven months…
PBOC Governor Yi Gang Provides Signals on Chinese Monetary Policy in 2019
The head of the Chinese central bank has provided signals as to the broader direction of monetary…
Open Banking On Track to Become Dominant Trend in China Say Senior Execs
Leading figures from the Chinese banking and fintech sectors expect open banking to become a major trend…
State Think Tank Calls for Expanding Digital Economy’s 30% Share of Chinese GDP
One of China’s leading government think tanks has called for measures to further expand the digital economy’s…
Net Profits and Non-performing Loans Diverge Wildly amongst Chinese Banks
A new report on China’s banking sector points to a highly divergent performance amongst the the country’s…
Ant Financial Expands Aggressively into Emerging Fintech Markets
China’s biggest fintech company is investing heavily in mobile wallet companies situated in the emerging markets of…
Small and Medium-sized Enterprises Dominate China’s Commercial Paper Market
Commercial paper is emerging as an increasing important financing tool for small and medium-sized enterprises (SME’s) in…
China’s National Internet Finance Association Convenes Open Banking Forum
China’s peak body for the online finance sector recently convened forum on open banking in the northern…
Foreign Reserves Will Suffer if Renminbi Falls Below Seven to the Greenback: PBOC Adviser
A senior adviser to the People’s Bank of China (PBOC) says that the yuan should not be…
Ant Financial Developing Blockchain for Institute of Electrical and Electronics Engineers
Ant Financial is leading the development of the first financial standard blockchain for the world’s largest professional…
