China Deploys over 300 Billion Yuan in Bailout Funds for Private Enterprise
Chinese authorities are unleashing a huge amount of cash as part of efforts to support financing for…
Transaction Floorspace Slides in China’s Hot Spot Property Markets
New data points to a sizeable decline in the transaction floorspace for the real estate markets of…
Chinese Commercial Banks Sees Net Profits of 1.5118 Trillion for First Three Quarters
China’s commercial banks saw easing growth in net profits for the first three quarter of 2018 according…
China’s Securities Regulator Calls for Crackdown on Fintech Ponzi Schemes
A senior official from China’s securities regulator has called for a crack down on Ponzi schemes that…
Yields on Bank Wealth Management Products Drop to 18 Month Low
Yields for bank wealth management products in China have dropped to their lowest levels in a year…
Chinese Banks Lag in Use of Fintech for Marketing and Client Value Maximisation
A leading member of China’s fintech sector says that banks need to make greater use of big…
China Should Develop Digital Currency via Competitive Process: Zhou Xiaochuan
The former head of the Chinese central bank has called for the use of a competitive selection…
Regulation of Chinese Payments on Track to Intensify: PBOC Vice-governor Fan Yifei
A senior official from the Chinese central bank has flagged the normalisation of stricter regulation of the…
China Construction Bank Becomes Second Big Four Lender to Launch Wealth Management Subsidiary
China Construction Bank (CCB) has joined the ranks of Chinese lenders with plans to establish their own…
Fintech Could Weaken Monetary Policy Outcomes: Chinese Central Bank
A senior official from the Chinese central bank has outlined the potential impacts of the emergence of…
