Monthly Archives: February, 2019

Structured Deposits Surge 2.66 Trillion Yuan in 2018, Triggering Crackdown on Unlicensed Derivatives Transactions

CBNEditor - February 12, 2019 1

Data from the Chinese central bank points to a surge in structured deposits amongst commercial lenders following a crackdown on bank wealth management products...

Over 4.5 Billion Online Payments Processed during Chinese New Year

CBNEditor - February 12, 2019 0

The traditional Chinese lunar new year has seen the domestic payments sector process a vast number of online holiday transactions, with China's payments giants...

Biometric Payments Spread to Fifth-tier Chinese Cities as IoT Growth Surges

CBNEditor - February 12, 2019 0

Facial scan payments are spreading to China's smaller population centres as the country's Internet of Things (IoT) sector posts roaring growth. Payments giant China UnionPay...

Lending to China’s Private Sector on the Rise: FT Survey

CBNEditor - February 11, 2019 0

A new survey points to a rise in lending by Chinese banks to the private sector following a push for greater financial inclusion by...

Chinese Interbank CD Issuance Drops to Near Two Year Low in January

CBNEditor - February 11, 2019 0

Chinese interbank certificates of deposit (CD's) have posted a plunge in both issuance volumes and rates in the first month of 2019. Data from Wind...

Beijing’s New Consumption Policy Targets Automobiles, Smart Appliances, 5G Commercial Applications

CBNEditor - February 11, 2019 0

A new policy launched by Beijing to drive Chinese consumption places the emphasis on automobiles, smart home appliances and 5G telecommunications. The National Development and...

Northbound Capital Flows via Stock Connect Initiatives Hit 66.2B Yuan since Start of 2019

CBNEditor - February 11, 2019 0

Northbound inflows of foreign capital into the A-share market via China's stock connect initiatives has hit record highs since the start of 2019. Figures from...