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Monthly Archives: November, 2018

FTSE Russell Inclusion of Chinese Bonds Expected to Attract $700 Billion in Funds

Domestic analysts expect the inclusion of Chinese bonds in FTSE Russell indices to draw at least USD$700 billion in international funds to the market. Tu...

China Won’t Engage in Irrigation-style Stimulus, Will Expand Inbound Foreign Investment: Li Keqiang

Premier Li Keqiang said that China will refrain from engaging in "irrigation-style" stimulus of the economy as unresolved trade tensions with the United States...

China’s Per Capita Disposable Income Exceeds $3000 for First Three Quarters of 2018

Official data reveals that growth in the per capita disposable incomes of Chinese citizens outpaced per capita GDP growth for the first three quarter...

Bank of Nanjing Sees 36% Growth in Personal Loans after Teaming up with Chinese Tech Giants

One of the Chinese banking sector's most enthusiast adopters of fintech has seen a surge in lending and personal loans in particular since the...

China’s Fintech Market Will Be Even Bigger than E-commerce Sector: Rong360

The CEO of one of China's biggest fintech unicorns believes that the country's fintech market is on track to exceed  its e-commerce market in...

Chow Tai Fook Obtains License for Payments Operations in China

The latest data on payment licenses from the Chinese central bank indicates that Hong Kong conglomerate Chow Tai Fook has successfully obtained a license...

Big Data Could Be the Key to Boosting Bank Financing of Chinese Private Enterprise

The chair of one of China's big four state-owned banks has pointed to big data as a key area of fintech for overcoming impediments...

CBIRC Says Targets for Lending to Private Enterprise Are “Directional,” Credit Standards Haven’t Been Loosened

The Chinese banking regulator has said that targets for lending to private enterprise are merely "directional" in nature, and will not lead to a...

Charge Towards Smart Banking, Mobile Banking Culls Teller Staff in China

The charge towards mobile banking and artificial intelligence-abetted "smart banking" in China has led to a sharp rise in off-premise operations, as well as...

Central State-owned Enterprises Undertake More Than 3100 Belt and Road Projects

China's central state-owned enterprises have risen to the fore when it comes to Belt and Road construction projects. The State-owned Assets Supervisory and Administrative Commission...

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