The reserve funds of China's third party payments provider have seen a sharp decline after coming under centralised management by the People's Bank of...
Online lender MYBank (网商银行) has flagged a sharp reduction in its issuance of interbank certificate of deposit (CD) this year, and increased focus on...
China's foreign ministry has announced that an increasing number of the country's overseas embassies are connecting with mobile payments service Alipay.
According to a...
Domestic analysts expect the Chinese central bank to implement further cuts to the required reserve ratio for commercial lenders as part of efforts to...
The head of China's banking regulator has flagged measures to better support the Chinese central government's financial inclusion ambitions for 2019.
"The government work...
China's National Development and Reform Commission (NDRC) has flagged further opening of key sectors of the economy in 2019.
Ning Jizhe (宁吉喆), NDRC vice-chair,...
One of China's leading think tanks forecasts roaring growth in information consumption on the back of Beijing's push for 5G deployment.
The China Academy...
