Sunday, April 28, 2024

Monthly Archives: March, 2019

Chinese Foreign Debt Approached USD$2 Trillion in 2018

China's foreign debt increased by over 10% YoY in 2018 to approach USD$2 trillion. Data released by the State Administration of Foreign Exchange (SAFE)...

China’s Securities Regulator Launches Investor Protection Team

The China Securities Regulatory Commission (CSRC) is launching a new authority to focus on investor protection. CSRC announced that it has established the investor...

Chinese Banks Emerge as Leading Blockchain Adopters

The latest round of annual financial reports points to rising enthusiasm for blockchain technology amongst Chinese banks. Annual reports from China CITIC Bank, China...

China the World’s Second Biggest Producer of Unicorn Start-ups

China has emerged as the country with the world's second largest number of privately held"unicorn" start-ups that are valued at over USD$1 billion. China...

Shenzhen Identifies 112 Enterprises that Qualify for Listing on Shanghai’s New Tech Board

The Shenzhen municipal government has identified an initial batch of enterprises that satisfy basic requirements for listing on Shanghai's new tech board. According to...

Big Data Helps Drive 80-fold Increase in Yu’e Bao’s Money Market Fund Assets

Big data has helped to drive an 80-fold increase in assets under management for the 13 money market funds offered by Ant Financial's Yu'e...

Alipay Starts to Charge for Credit Card Repayments

Chinese tech giant Alipay has started to charge fees for use of the payments platform to make credit card repayments. Alipay previously announced that...

Fintech Investment by Ping An Bank and China Merchants Bank Surges in 2018

The latest round of financial reports from China's listed banks points to a surge in fintech-related investment. As of 25 March at least five...

45% of Chinese Depositors Want to Save More: PBOC

A new report from the Chinese central bank indicates that nearly half of depositors surveyed want to increase their savings. The "2019 First Quarter Urban...

China’s Digital Trade Expected to Hit 37 Trillion Yuan by 2030

A new report forecasts roaring growth in China' digital economy over the upcoming decade. The "Digital Revolution: How China is Attracting Digital Trade Opportunities...

Most Read