Members of China's banking sector expect domestic lenders to continue to launch their own fintech subsidiaries in order to shore up their competitive capability.
A...
China's foreign reserves posted a modest gain in the month of December, for their second consecutive month of increase.
The latest data from the State...
Returns on bank wealth management products have continued to fall since the start of the new year, with analysts expecting the Chinese central bank's...
Beijing has selected 11 central state-owned enterprises (SOE's) to implement "upgrade" reforms of state-owned asset investment companies.
According to a report from Economic Information Daily trials...
Chinese state media is drawing attention to the increased room for downward adjustments to first home loan rates following the central bank's unveiling of...
Chinese banks are expected to drive the deployment of biometric technology at ATM's this year, permit customers to make cash withdrawals via facial scans...
Domestic analysts expect Chinese cities to loosen the local property market controls they began to impose nearly two years ago at Beijing's behest.
The municipal...
China's banking regulator has green lighted the launch of wealth management subsidiaries by four of the country's big state-owned lenders.
On 4 January the China...
