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Monthly Archives: September, 2018

Beijing Pushes for Greater Consumption to Boost Chinese Economy

The Chinese central government has launched new measures to boost consumption as escalating trade tensions with the US threaten to undermine economic growth. The State...

Banks and Technology Should Share the Same Stage: Chinese Banker Forum

A recent industry event for the Chinese banking sector has stressed the need for greater cooperation with fintech companies. The Chinese Banker Forum (中国银行家论坛) was...

Ant Financial Announces Launch of Blockchain BaaS Platform

The world's largest fintech company has announced the launch of a blockchain Backend as a Service (Baas) platform as part of efforts to foster...

Corporate Bond Issuance for Jan – Sept Drops by over Half

Corporate bond issuance in China has seen a year-on-year decline of more than 50% for the period from January to late September. Data from Wind...

New Investment Intention Amount for Real Estate Sector Sees Near 40% Rise for January-August

China has seen a huge leap in the new investment intention amount of its real estate sector according to the latest official data. Data from...

Shanghai Pudong Development Bank Launches Fintech Cooperative Community

One of China's leading commercial lenders has launched a new initiative to foster collaborative fintech development with some of the world's biggest IT companies. Shanghai...

Data Will Be Core Area of Competitiveness for Banks: Ant Financial VP

One Ant Financial's senior-most execs has shared a raft of predictions for the future of China's fintech and banking sectors. In a speech delivered at...

Chinese Economy Can Only Continue to Open: Commerce Minister

China's commerce minister has extolled the benefits of greater opening for the country's economy at a recent meeting with overseas financial and industry executives...

Shanghai’s Yangpu District Launches New Blockchain Policy, Aims for a Unicorn in Five Years

The Yangpu district of Shanghai has unveiled a new policy to foster the development of the local blockchain sector that includes patent and listing...

Investcorp Plans to Invest $150mn in State-backed Chinese Tech Fund

Bahrain's Investcorp has announced that it will make its debut investment in China by contributing as much as USD$150 million to a state-backed tech...

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