Bookmark?Remove?
US Venture Investment in China for 2019 Expected to Drop to Six-year Low
A new study points to a sharp decline in US venture investment in China amidst unresolved trade tensions between the two nations. More »
Writer
CBNEditor
3456 posts
Bookmark?Remove?
First Batch of Trial Applications for Beijing’s Fintech Sandbox Revealed
The Chinese central bank has unveiled the debut set of fintech innovation regulatory trial applications for Beijing’s new fintech sandbox. More »
Bookmark?Remove?
CBIRC Hails 25% Increase in Financial Inclusion Loans, Highlights Commitment to Risk Prevention in 2020
China’s banking regulator has highlighted a sizeable rise in the level of financially inclusive lending in 2019, while also reiterating its commitment to risk-prevention efforts in 2020. More »
Bookmark?Remove?
China to Debut Regulations for Exclusively Online Banks, Facilitate Platform Development by Foreign Lenders
China’s financial authorities are currently in the process of finalising the country’s first ever regulations on exclusively online banking operations, according to sources who spoke to Reuters. More »
Bookmark?Remove?
Blockchain Patent Applications Filed by Chinese Banks Rise 38-fold in Four Years
The Chinese banking sector has evinced its strong interest in blockchain technology with a surge in the volume of patent applications made during the past four years. More »
Bookmark?Remove?
Beijng’s Xicheng District Allocates 150M Yuan to Fintech Sector Support
The Beijing district of Xicheng has flagged further support for the development of its local fintech sector in 2020. More »
Bookmark?Remove?
Publicly Offered Funds See Assets Increase 13% in 2019 as China Pushes for Greater Long-term Investment
The assets of publicly offered funds in China saw robust growth in 2019, with Beijing continuing to push for an increase in long-term investment levels. More »
Bookmark?Remove?
Foreign Holdings of Chinese Bonds Exceeded 2 Trillion Yuan in 2019
Holdings of Chinese bonds by offshore institutional investors breached the two trillion yuan (USD$290.12 billion) threshold last year. More »
Bookmark?Remove?
State Media Outlines Eight Key Missions for State-owned Enterprise Reforms in 2020
The state-operated Economic Information Daily has highlighted eight key missions in 2020 for China’s ongoing reform of its state-owned enterprise (SOE) sector. More »
Bookmark?Remove?
Net Interbank CD Financing Drops Nearly 60% in 2019
Net financing via interbank certificates of deposit (CD’s) has further declined in 2019, following efforts by the Chinese central bank to better regulate the instruments since 2017. More »
Bookmark?Remove?
Bank of China Achieves QR Code Compatibility with WeChat Pay
Two of China’s big state-owned banks are cooperating with payment giants China UnionPay and WeChat Pay to achieve compatibility when it comes to QR code systems. More »
Bookmark?Remove?
Central Bank Digital Currency Will Gradually Replace Traditional Monetary and Payments Tools: Ex-Bank of China Head
The former head of one of China’s big state-owned banks says the statutory digital currency slated for imminent release by the Chinese central bank will have sweeping implications for the country’s finance and monetary systems. More »
