Saturday, November 28, 2020

Monthly Archives: January, 2019

Average Housing Price for 100 Chinese Cities Rises 5.09% in 2018

A new report points to easing growth in China's urban housing prices last year. On 3 January the China Index Academy (中国指数研究院) released the "National...

Chinese Central Bank Expects Latest Reserve Ratio Cut to Unleash 1.5T Yuan

The Chinese central bank has unveiled another cut to the required reserve ratio less than a week after the start of the new year. On...

Ping An and Alibaba Tops IPR Daily’s 2018 Global Fintech Patent List

A new ranking of international fintech patents for 2018 puts Chinese finance conglomerate Ping An and internet behemoth Alibaba at the fore of global...

China Banking Association Launches Blockchain-based Trade Finance Platform

The peak self-regulatory body for China's banking sector has announced the launch of a blockchain-based platform to improve the efficiency of Chinese trade finance. The...

PBOC Signals Greater Latitude for Chinese Banks to Set Interest Rates

The Chinese central bank is on track to further liberalise domestic interest rates in 2019. A work conference of the People's Bank of China (PBOC)...

Aspiring Licensees Line Up in Anticipation of Consumer Finance Boom

Domestic analysts foresee a boom in consumer finance in China, prompting an increasing number of financial institutions to apply for licenses from regulators. A research...

New Policies in the Works to Drive Chinese Consumption in 2019

The Chinese central government has flagged the launch of fresh policies to further spur consumption in the new year. The state-owned Economic Information Daily reports that...

Didi Chuxing Expands into China’s Nationwide Fintech Scene

Trouble-plagued Chinese ride-hailing service Didi Chuxing had just unveiled a range of fintech products amidst efforts to diversify beyond its original business scope. On Wednesday...

Foreign Reserves Expected to Remain at Around $3 Trillion in 2019: State Media

A report from China's state-owned media cites analysts who expect foreign reserves to remain at around USD$3 trillion in 2019. China's foreign reserves stood at...

Is China’s Demographic Dividend Dwindling as Migrant Population Goes Home?

The Chinese economy could be ceding its demographic dividend more rapidly than expected as birthrates continue to decline and the country's urban migrants return...

Most Read

Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.