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Monthly Archives: November, 2018

Land Transaction Floor Space for 40 Chinese Cities Falls 22% On-month in October

Land transaction volumes and prices for 40 Chinese cities saw a sharp decline in October compared to the preceding month according to new data. The...

Internet-Only Lender WeBank Valued at 147 Bilion Yuan by Auction Data

Valuation figures for China's first online-only bank highlight the difficulty of putting a precise figure on the worth of the country's new breed of...

China Will Further Reduce Tariffs, Increase Convenience of Customs: Xi Jinping

President Xi Jinping has flagged further efforts to improve conditions for exporters to China. Speaking at the opening ceremony of the inaugural China International import...

Shenzhen Arbitration Court Rules Bitcoin Enjoys Legal Protection as Asset, Transaction Contracts Are Enforceable

The Shenzhen Court of International Arbirtation (深圳国际仲裁院) has issued a ruling which confirms that bitcoins held domestically are subject to legal protections as assets...

330 Chinese Investment Funds Liquidated Since Start of 2018

A new report indicates that the number of investment funds in China that have entered liquidation has continued to surge since the start of...

Hankou Bank Aspires to Be China’s Leading Regional Tech Lender

Municipal commercial lender Hankou Bank (汉口银行) hopes to position itself as a leading provider of financial services to central China's tech sector. Speaking at the...

Tencent Cloud Outlines Its Fintech Strategy

Tencent Cloud says its fintech strategy focuses on connecting Tencent Cloud vice-president Wang Huixing (王慧星) delivered the keynote speech on "Smart Finance  and Industry -...

Fintech Means Banks May Not Be Around Forever: Renmin U. Finance Professor

One of China's leading economics experts has pointed to fintech and internationalisation as two key trends that are impacting the country's financial markets. "The transition...

Beijing Says Theft of Personal Information not a Criminal Offence

The theft of personal information will not be considered a criminal offence under new legislation that came into effect at the start of November. On...

Women Control Finances in More than 60% of Chinese Households

A new report indicates that female family members are responsible for control of finances in the overwhelming majority of Chinese households. The "2018 Chinese Household...

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