Beijing Proposes Five Measures for Expanding Financial Inclusion for Small Businesses
The State Council has outlined a raft of five measures for expanding the supply of financing to…
State Media Says Reserve Ratio Cut Now Imminent
Reports from China’s state-owned media indicate that another cut in the country’s required reserve ratio is imminent,…
Ant Financial Targets Chinese SME’s Using Artificial Intelligence
The world’s biggest fintech company hopes to facilitate the provision of financial services to 30 million small…
Rates for Jumbo CD’s Lift as Chinese Banks Vie for Funds
Chinese banks are raising rates for large-denomination certificates of deposit and structured deposits, as competition for funds…
Chinese Consumers Use Credit Cards to Invest in Real Estate and Stocks
Chinese consumers are increasingly making illicit use of their credit cards to obtain cash for investment in…
China PPP Fund Invests 90% of Capital in Wealth Management Products
A new report from the Chinese central government highlights a range of risks in relation to the…
SME’s Account for over 60% of China’s GDP, Beijing Mulls Inclusion of Loans as MLF Collateral
The Chinese central government is pushing for the financial sector to provide greater support to small and…
China Merges Local and National Tax Offices Around the Country
Local and national tax offices around China have been merged together, as part of ongoing reforms of…
Land Acquisition Costs in China Surge Four-fold within a Decade
New data points to a surge in Chinese land prices since 2007, driven by as well as…
JD.com Uses Consortium Blockchain to Power Asset-backed Securities
Chinese e-commerce titan JD.com has unveiled plans to use blockchains to facilitate investment in asset-backed securities (ABS).
