Chinese consumer electronics giant Xiaomi has just shut down one of its micro loan subsidiaries as the microcredit sector enters a slump.
According to a...
The Chinese central government has flagged major overhauls to GDP accounting in 2019, in order to address the problem of inconsistencies between regional and...
A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) has indicated that the authority will continue to focus its attention on...
The People's Bank of China (PBOC) has announced the launch of fintech application trials across ten province-level administrative entities including Beijing and Shanghai.
PBOC deputy...
A senior official from the People's Bank of China (PBOC) has warned of the continued presence of risk for the Chinese financial system, highlighting...
Citibank (China) has become one of the first foreign-invested lenders in China to connect its corporate accounts to the the Chinese central bank's NetsUnion...
China Minsheng Bank has emerged as one of the most enthusiastic adopters of blockchain technology in the Chinese banking sector, as lenders increasingly turn...
