Saturday, December 4, 2021

Fully Licensed Credit Agencies in China Set to Reach 3 – 5: China Merchants Bank

The chief economist for one of China's national joint stock lenders expects regulators to allow the number of fully licensed credit ratings agencies operating...

Beijing Kicks off New Renminbi Trial with Focus on 2022 Winter Olympics

The Chinese capital has launched a new digital renminbi trial campaign in a bid to spur greater usage and adoption in the lead up...

Wealth Connect Survey Finds Mainland Chinese Favour Fund Products, Hong Kong and Macau Residents Eye Chinese WMP’s

A new survey of regional interest in the recently launched Wealth Connect initiative has found that mainland Chinese investors favour fund products, while investors...

Rental Prices Decline Across Most Chinese Cities in November

Rental prices in the majority of key cities around China posted declines in the month of November. Over 60% out of 40 major cities...

China Construction Bank Helps Changsha Launch Digital Renminbi Night Market

The Hunan province capital of Changsha has launched its first digital renminbi "demonstration street" to drive the regional usage of China's central bank digital...

China Wants Big Data Sector to Triple in Size by 2025

The Ministry of Industry and Information Technology (MIIT) has issued a new industry plan for the big data sector that sets the target of...

Rental Prices Decline Across Most Chinese Cities in November

Rental prices in the majority of key cities around China posted declines in the month of November. Over 60% out of 40 major cities...

PBOC Seeks to Quell Concern over Ban on Personal Usage of QR Codes for Businesses Purposes

The Chinese central bank has made haste to quell concern over a recent decision to prohibit the use of personal QR codes provided by...

Monetary Policy to Play an Active Role in Driving Xi’s Call for Common Prosperity: PBOC

A senior official from the Chinese central bank has highlighted the role of monetary and financial policy in advancing President Xi Jinping's recent call...

People’s Daily Says New Anti-Monopoly Bureau Will Bring China’s Unrestrained Internet Platforms to Heel

The flagship newspaper of the Chinese Communist Party (CCP) says the launch of a new anti-monopoly authority in China marks the end of the...

Shanghai Data Exchange Officially Opens in Pudong

Shanghai has just seen the official opening of its new exchange for the trading of data assets. The official sign unveiling ceremony for the...