China’s Big Six Banks Still Face Asset Risk Despite NPL Ratio Improvements: Moody’s
China’s big six banks will continue to grapple with asset risk in 2019 despite improvements to bad…
Chinese Central Bank Will Transform Yuan into Cryptocurrency: Blockchain Research Institute
The head of a leading blockchain think tank says that the People’s Bank of China will eventually…
Over-the-counter Sales of Local Government Bonds Set to Increase as China’s Land Sale and Tax Revenues Drop
Domestic observers expect over-the-counter sales of local government bonds in China to see an increase following a…
Home Credit Emerges as China’s Most Profitable Consumer Finance Company in 2018
Home Credit rose from third to first place in terms of net profits amongst Chinese consumer finance…
Actually Used Foreign Capital Rises 6.5% in First Quarter of 2019
Official data from the Chinese government points to a robust rise in actually used foreign capital for…
China Accounted for Half of Global Digital Payments in 2017: Fintech Industry Report
A new report on China’s fintech sector says that the Chinese market already accounts for nearly half…
China Construction Bank Outlines 21 Fintech Demands
One of China’s big four state-owned banks has released a new list of key needs that it…
Required Reserve Cut Seen as Less Likely After PBOC Unleashes 400B Yuan in Two Days
Domestic analysts say the likelihood of another cut to China’s required reserve ratio in the near-term has…
People’s Bank of China Plans to Become “Digital Central Bank,” Lead Accelerated Application of Fintech
The People’s Bank of China (PBOC) has unveiled ambitions to become a “digital central bank,” as well…
CBIRC Says Dealerships Cannot Collect Financial Services Fees Following Mercedes-Benz Scandal
China’s top banking regulator has weighed in on a recent online scandal involving the alleged poor treatment…
