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Monthly Archives: January, 2019

JPMorgan Chase China Launches E-commerce Payments Platform

The Chinese subsidiary of the biggest bank in the United States has launched a new e-commerce payments platform in collaboration with a local fintech...

State of Chinese Mobile Payments Revealed by New Report from Peak Industry Body

A new report from China's peak body for the payments and clearing sector has shed light on the state of the Chinese mobile payments...

Beijing Steps up Pressure on Chinese P2P Lenders with Call for “Targeted Bomb Disposal”

The Chinese central government has flagged greater pressure on the P2P lending sector with a call for "targeted bomb disposal", as analysts anticipate a...

Local Government Bond Issuance to Exceed 250 Billion Yuan in January

Debt-raising at the local government level in China is off to a roaring start in 2019, with bond issuance expected to exceed 250 billion...

Deposit Centralisation to Crimp Profits of China’s Mobile Payments Giants

The Chinese government's centralised processing of all deposits held by third party payments providers on behalf of clients is expected to put a dent...

China and Germany to Cooperate Further on Futures Regulation

The Chinese and German governments plan to engage in greater cooperation when it comes to the regulation of cross-border securities futures. On 18 January...

China Emerges as Global Leader in Blockchain and Artificial Intelligence Patents

A new report from accounting and consultancy network UHY indicates that China has recently emerged as a global leader when it comes to blockchain...

Chinese Commercial Housing Sales Hit Record High in 2018, Approach 15T Yuan

Chinese real estate sales breached record highs in terms of floorspace and value in 2018 despite the launch of widespread controls on local property...

Chinese Per Capita Disposable Incomes Rise 6.5% in 2018

Per capita disposable incomes in China saw an increase of 6.5% in 2018, just behind growth in Chinese GDP. Figures released by the National...

Chinese Food Couriers Earned $1,140 a Month on Average in 2018

A new report indicates that food couriers in China are reaping comparatively lucrative salaries due to intense demand in major urban centres. The "2018...

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