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Monthly Archives: March, 2019

Alibaba to Cooperate with Chinese IT Veteran Aisino on Blockchain, Cloud Computing

Internet giant Alibaba plans to cooperate with a leading Chinese IT company on the development of fintech-related technologies. On 19 March Aisino Corporation (航天信息股份有限公司) executed...

Macro-Leverage Ratio of China’s Real Economy Declines for First Time Since 2011

A new report from two of China's leading think tanks points to a decline in the country's macro-leverage ratio in 2018. The "China Leverage...

ICBC to Lead Trials for Over-the-counter Sales of Local Government Bonds

China's biggest bank is set to debut over-the-counter sales of local government bonds. According to the Ministry of Finance (MOF) a total of six...

Basic Aged Care Pension to Rise Around 5%, Retired Pensioners in China Expected to Reach 118M in 2019

The Chinese government has confirmed that the basic aged care pension will be increased for the fifteenth consecutive year in 2019 . On 20...

Chinese P2P Lender Dianrong Blames Heavy, Unclear Regulation for Ailing Performance

One of China's leading P2P lenders has blamed lack of regulatory clarity from the central government for its poor performance. Reports emerged at the...

Yangtze River Delta, Pearl River Delta, Jing-Jin-Ji Region Account for over 40% of China’s GDP

A new report from a leading think tank points to the predominant role of several major urban centres in the Chinese economy. The "China...

Xiong’an New Area to Launch 7.9B Yuan in Major Infrastructure Projects

The newly established urban district of Xiong'an has just unveiled a new round of municipal infrastructure projects. China Xiong'an Group (中国雄安集团) has just released...

China’s Banking Regulator Steps up Disclosure Requirements for Net Stable Funding Ratios

The China Banking and Insurance Regulatory Commission (CBIRC) hopes to improve the liquidity risk management of commercial banks with the launch of new disclosure...

Lack of Talent an Impediment to Fintech Ambitions of Chinese Banks

A new report from the peak body for the Chinese banking sector highlights to a an insufficient pool of talent to satisfy the fintech...

Non-performing Loan Ratio Rises at Eight Chinese Banks Following Launch of Stricter Benchmarks

A slew of Chinese banks have posted an increase in their non-performing loan (NPL) ratios for 2018 following the implementation of stricter benchmarks that...

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