China Banking News: Latest Banking and Finance News out of China

Economy

Blockchain Sector Sees Boom in China Despite Cryptocurrency Ban

CBNEditor - July 5, 2022

The blockchain sector in China has seen booming growth, despite strenuous efforts by Chinese regulators to suppress the cryptocurrency market since 2017. China's blockchain...

Banking

China’s Banking Sector Emerges from Covid Stronger than Before, Accounts for 1/3 of Global Tier 1 Capital: The Banker

CBNEditor - July 5, 2022

China's leading banks have become stronger and more resilient in the wake of the Covid-19 pandemic, according to a report from The Banker. Chinese...

Finance

China’s Cyberspace Authority Targets Fraudulent Apps Imitating Well-known Online Platforms

CBNEditor - July 3, 2022

The Cyberspace Administration of China (CAC) has found that fake investment apps figure prominently amongst the thousands of fraudulent apps investigated by the authority...

Fintech

Chinese Central Bank Applies for Digital Renminbi ATM/CDM Patent

CBNEditor - July 3, 2022

The People's Bank of China (PBOC) has led a joint application for a patent on an automatic teller machine (ATM)/ cash deposit machine (CDM)...

Banking

Agricultural Bank of China’s County-level Lending Hits Record High in First Quarter, NPL Ratio Edges Lower

CBNEditor - July 3, 2022

Big state-owned lender Agricultural Bank of China (ABC) saw its lending to Chinese counties rise to a record high during the first quarter of...

Banking

Henan Authorities Announce Breakthrough in Yuzhou Xin Minsheng Bank Run Case

CBNEditor - July 3, 2022

Henan province authorities say they have made major progress in their investigation of a recent bank fraud case that threatened to trigger a run...

Blockchain Sector Sees Boom in China Despite Cryptocurrency Ban

China’s Banking Sector Emerges from Covid Stronger than Before, Accounts for 1/3 of Global Tier 1 Capital: The Banker

China’s Cyberspace Authority Targets Fraudulent Apps Imitating Well-known Online Platforms

Chinese Central Bank Applies for Digital Renminbi ATM/CDM Patent

Agricultural Bank of China’s County-level Lending Hits Record High in First Quarter, NPL Ratio Edges Lower

Henan Authorities Announce Breakthrough in Yuzhou Xin Minsheng Bank Run Case

Banking

China’s Banking Sector Emerges from Covid Stronger than Before, Accounts for 1/3 of Global Tier 1 Capital: The Banker

Agricultural Bank of China’s County-level Lending Hits Record High in First Quarter, NPL Ratio Edges Lower

Henan Authorities Announce Breakthrough in Yuzhou Xin Minsheng Bank Run Case

Real Estate Defaults Lead to China Merchant Bank’s First Rise in Non-Performing Loans in Five Years

PBOC’s Monetary Policy Meeting Calls for Greater Support for Small Businesses and Low Carbon Growth

FINTECH

Blockchain Sector Sees Boom in China Despite Cryptocurrency Ban

China’s Cyberspace Authority Targets Fraudulent Apps Imitating Well-known Online Platforms

Chinese Central Bank Applies for Digital Renminbi ATM/CDM Patent

Finance

China’s Banking Sector Emerges from Covid Stronger than Before, Accounts for 1/3 of Global Tier 1 Capital: The Banker

China’s Cyberspace Authority Targets Fraudulent Apps Imitating Well-known Online Platforms

Agricultural Bank of China’s County-level Lending Hits Record High in First Quarter, NPL Ratio Edges Lower

Henan Authorities Announce Breakthrough in Yuzhou Xin Minsheng Bank Run Case

Registered Market Entities in China Rise 3.6% in 2022 to 159 Million

ECONOMY

Blockchain Sector Sees Boom in China Despite Cryptocurrency Ban

China’s Banking Sector Emerges from Covid Stronger than Before, Accounts for 1/3 of Global Tier 1 Capital: The Banker

Agricultural Bank of China’s County-level Lending Hits Record High in First Quarter, NPL Ratio Edges Lower

Registered Market Entities in China Rise 3.6% in 2022 to 159 Million

Real Estate Defaults Lead to China Merchant Bank’s First Rise in Non-Performing Loans in Five Years

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