UnionPay Issues over 7.59 Billion Cards Globally
Chinese payments giant China UnionPay reports roaring growth in its international card operations.
Chen Siqing Appointed Head of World’s Biggest Bank
The chair of Bank of China has been appointed the new head of big four state-owned lender…
Renmin U. Invites Shanghai Conant Data Expert to Deliver Open Course Fintech Lecture
One of China’s top universities has recruited a leading expert on data mining in the banking sector…
China’s Trade with Belt and Road Nations Exceeds USD$6 Trillion
Data from the Chinese government indicates that growth in trade with Belt and Road nations has outpaced…
Tianjin Port Launches Trials of Blockchain Verification Technology
The port of Tianjin has launched a trial scheme for the use of blockchain technology for verification…
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…
