Bookmark?Remove?
Hunan Province Launches 100 Digital “New Infrastructure” Projects Worth $8.2 Billion
The central Chinese province of Hunan has unveiled ambitious plans for spending on digital “new infrastructure” projects. More »
Writer
CBNEditor
4314 posts
Bookmark?Remove?
Digital Lender CITIC aiBank Works with Suning Finance on Supply Chain Project in Nanjing
Baidu-backed digital lender CITIC aiBank (百信银行) and Suning Finance have just launched a cooperative supply chain financing project in the Jiangsu province capital of Nanjing. More »
Bookmark?Remove?
Alibaba Launches New Data Company to the West of Beijing
Tech giant Alibaba has announced the launch of a new tech company in the Hebei province city of Zhangjiakou to the immediate west of Beijing. More »
Bookmark?Remove?
China’s 51 Listed Banks Had NPL Ratio of 1.6% at End of 2019
A new report from the China Banking Association (CBA) sheds light on the health of China’s listed lending institutions as of the start of the year. More »
Bookmark?Remove?
Ex-Securities Chief Calls for Creation of Specialised Cloud to Cover All Chinese Financial Data
The former head of the Chinese securities regulator has called for the creation of a cloud computing system that encompasses all data in the financial system. More »
Bookmark?Remove?
China Approves New Stamp and Municipal Development Tax Provisions
China is on track to accelerate stamp tax and municipal development tax reforms following the passage of a new bill by the Chinese legislature, giving greater discretion to regional authorities. More »
Bookmark?Remove?
State Council Unveils 15 Policy Measures to Bolster Chinese Foreign Trade and Investment
China’s State Council has unveiled a new raft of policy measures in a bid to bolster foreign trade and investment in the wake of the COVID-19 pandemic. More »
Bookmark?Remove?
2020 Hong Kong FinTech Week Scheduled for 2 – 6 November
The 2020 Hong Kong FinTech Week (HKFTW20) will be held from 2 – 6 November 2020, and bring together thousands of fintech entrepreneurs, investors and regulators from over 70 economies around the world. More »
Bookmark?Remove?
Are China and Russia Pursuing a “Financial Alliance” to Achieve “Dedollarization?”
Analysts say China and Russia have dramatically scaled down bilateral trade settlement in the greenback, as they pursue a “financial alliance” that will reduce their dependence on the US dollar. More »
Bookmark?Remove?
China’s Banking Regulator Forecasts $331B Surge in Disposal of Non-performing Loans in 2020
China’s banking regulator forecasts a considerable rise in the disposal of non-performing loans (NPL) in 2020, due to the economic impacts of the COVID-19 pandemic. More »
Bookmark?Remove?
China’s Governmental Financial Guarantee System Hoped to Facilitate Lending by Commercial Banks
Chinese regulators hope that the further growth of governmental financial guarantee agencies will help to facilitate lending by commercial banks to small businessdx and the agricultural sector. More »
Bookmark?Remove?
PBOC Issues 30 Billion Yuan in Central Bank Bills on 13 August via Hong Kong
The People’s Bank of China (PBOC) issued 30 billion yuan in renminbi-denominated central bank bills on 13 August via auction in Hong Kong. More »
