Friday, May 17, 2024

Monthly Archives: April, 2019

Beijing’s Financial Inclusion Drive Could Result in USD$418B in New Loans: S&P Global

A report from S&P Global forecasts that Beijing's efforts to drive financial inclusion and expand funding for China's micro and small-enterprises (MSE's) will result...

Ex-State Council Research Official Calls for Chinese Fintech to Increase Its International Clout

A former senior research official with China's State Council says that the country's fintech sector needs to increase its global influence. "Our fintech is...

Chinese Adults Have 84.87 Minutes of Mobile Screen Time each Day as Digital Content Consumption Expands

A new survey points to the increasing use of mobile devices for reading and content consumption purposes in China. According to the results of...

Ant Financial and Foxconn Join Ranks of World’s Leading Blockchain Companies

Chinese tech giants Ant Financial and Foxconn have both featured on Forbes' inaugural list of the world's 50 leading blockchain companies. The Blockchain 50...

Chinese Central Bank on Verge of Launching Second Generation Credit System

The People's Bank of China (PBOC) is preparing the imminent launch of the second generation version of its online credit system, which will be...

Online Microloan Companies in China Set to Come under Unified Regulation

China's 280 online microloan companies are expected to soon come under unified administrative regulation according to domestic media reports. According to a report from...

21 Chinese Cities Host to More than One Million Permanent Residents without Household Registration

Over twenty cities in China are host to permanent resident populations without household registration that are in excess of one million. A report from...

Overseas Expansion by Chinese Banks Enters Mature Phase: JPMorgan Chase China

The head of JPMorgan Chase Bank (China) says that expansion by Chinese-invested banks into overseas markets has already entered a "mature period" of development....

No “Flood-style” Irrigation Says Chinese Central Bank’s Monetary Policy Committee

The latest meeting of the People's Bank of China's monetary policy committee has signalled the continuation of its prevailing settings, as well as stressed...

JPMorgan Chase Frets over China’s Fintech Progress

The head of JP Morgan Chase said that the banking giant is concerned about China's rapid strides in the fields of artificial intelligence and...

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