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Economy

Ministry of Industry and Information Technology Launches Six Month Crackdown on China’s Internet Sector

CBNEditor - July 28, 2021 0

The Chinese central government has launched a far-reaching six month crackdown on China's massive online economy, in the wake of aggressive action...

Banking

China’s Smaller Banks Achieve Breakthroughs in Fintech Adoption: KPMG

CBNEditor - July 28, 2021 0

Research from international consultancy KPMG highlights rapid growth in the adoption of fintech by Chinese banks at the smaller end of the...

Economy

China’s Cloud Computing Market Grew over 56% in 2020: CAICT White Paper

CBNEditor - July 28, 2021 0

A new white paper on China's cloud computing sector from one of the country's leading science and technology think tanks indicates that...

Banking

Bank of Communications Grabs Approval for $9.22 Billion Tier-2 Capital Bond Issue

CBNEditor - July 28, 2021 0

One of China's big state-owned banks had cinched approval for a new issue of bonds to shore up its capital levels.

Banking

China’s Banking Regulator Calls for Expansion of Loans to Strategic Emerging Industries, Advanced Manufacturing

CBNEditor - July 28, 2021 0

A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) has issued a call for domestic lenders to advance Beijing's...

Banking

China’s Wealth Management Market Transformed by Launch of New Asset Management Rules

CBNEditor - July 28, 2021 0

China's market for wealth management products (WMP) has undergone profound change in the more than three years since the launch of new...

Economy

Foreign Capital Inflows Accelerate in China in First Half of 2021

CBNEditor - July 28, 2021 0

China has seen a sharp increase in inbound foreign investment since the start of 2021, despite the worsening of trade relations with...

Economy

Beijing Touts Creation of Rural Logistics System in China, Supply Chains for Agricultural E-Commerce

CBNEditor - July 28, 2021 0

The Chinese central government says it is accelerating efforts to create a logistics system covering the country's rural village communities.

Finance

Chinese Central Bank Says Carbon Market Essential to Achieving Sustainable, Low Carbon Development

CBNEditor - July 27, 2021 0

A senior official from the People's Bank of China (PBOC) has stressed the role of the carbon trading market in China as...

Banking

China Steps up Reform Ambitions for Policy Banks

CBNEditor - July 27, 2021 0

China's top financial authorities have unveiled further plans for the ongoing reform of the policy banks that are responsible for advancing policy-driven...

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Ministry of Industry and Information Technology Launches Six Month Crackdown on China’s Internet Sector

China’s Smaller Banks Achieve Breakthroughs in Fintech Adoption: KPMG

China’s Cloud Computing Market Grew over 56% in 2020: CAICT White Paper

Bank of Communications Grabs Approval for $9.22 Billion Tier-2 Capital Bond Issue

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