Beijing’s Financial Inclusion Drive Could Result in USD$418B in New Loans: S&P Global
A report from S&P Global forecasts that Beijing’s efforts to drive financial inclusion and expand funding for…
Author: CBNEditor
Ex-State Council Research Official Calls for Chinese Fintech to Increase Its International Clout
A former senior research official with China’s State Council says that the country’s fintech sector needs to…
Chinese Adults Have 84.87 Minutes of Mobile Screen Time each Day as Digital Content Consumption Expands
A new survey points to the increasing use of mobile devices for reading and content consumption purposes…
Ant Financial and Foxconn Join Ranks of World’s Leading Blockchain Companies
Chinese tech giants Ant Financial and Foxconn have both featured on Forbes’ inaugural list of the world’s…
Chinese Central Bank on Verge of Launching Second Generation Credit System
The People’s Bank of China (PBOC) is preparing the imminent launch of the second generation version of…
Online Microloan Companies in China Set to Come under Unified Regulation
China’s 280 online microloan companies are expected to soon come under unified administrative regulation according to domestic…
21 Chinese Cities Host to More than One Million Permanent Residents without Household Registration
Over twenty cities in China are host to permanent resident populations without household registration that are in…
Overseas Expansion by Chinese Banks Enters Mature Phase: JPMorgan Chase China
The head of JPMorgan Chase Bank (China) says that expansion by Chinese-invested banks into overseas markets has…
No “Flood-style” Irrigation Says Chinese Central Bank’s Monetary Policy Committee
The latest meeting of the People’s Bank of China’s monetary policy committee has signalled the continuation of…
JPMorgan Chase Frets over China’s Fintech Progress
The head of JP Morgan Chase said that the banking giant is concerned about China’s rapid strides…
