Thursday, July 29, 2021

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Ministry of Industry and Information Technology Launches Six Month Crackdown on China’s Internet Sector

The Chinese central government has launched a far-reaching six month crackdown on China's massive online economy, in the wake of aggressive action...

China’s Smaller Banks Achieve Breakthroughs in Fintech Adoption: KPMG

Research from international consultancy KPMG highlights rapid growth in the adoption of fintech by Chinese banks at the smaller end of the...

China’s Cloud Computing Market Grew over 56% in 2020: CAICT White Paper

A new white paper on China's cloud computing sector from one of the country's leading science and technology think tanks indicates that...

Bank of Communications Grabs Approval for $9.22 Billion Tier-2 Capital Bond Issue

One of China's big state-owned banks had cinched approval for a new issue of bonds to shore up its capital levels.

China’s Banking Regulator Calls for Expansion of Loans to Strategic Emerging Industries, Advanced Manufacturing

A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) has issued a call for domestic lenders to advance Beijing's...

China’s Wealth Management Market Transformed by Launch of New Asset Management Rules

China's market for wealth management products (WMP) has undergone profound change in the more than three years since the launch of new...

Foreign Capital Inflows Accelerate in China in First Half of 2021

China has seen a sharp increase in inbound foreign investment since the start of 2021, despite the worsening of trade relations with...

Beijing Touts Creation of Rural Logistics System in China, Supply Chains for Agricultural E-Commerce

The Chinese central government says it is accelerating efforts to create a logistics system covering the country's rural village communities.

Chinese Central Bank Says Carbon Market Essential to Achieving Sustainable, Low Carbon Development

A senior official from the People's Bank of China (PBOC) has stressed the role of the carbon trading market in China as...

China Steps up Reform Ambitions for Policy Banks

China's top financial authorities have unveiled further plans for the ongoing reform of the policy banks that are responsible for advancing policy-driven...

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Ministry of Industry and Information Technology Launches Six Month Crackdown on China’s Internet Sector

The Chinese central government has launched a far-reaching six month crackdown on China's massive online economy, in the wake of aggressive action...

China’s Smaller Banks Achieve Breakthroughs in Fintech Adoption: KPMG

Research from international consultancy KPMG highlights rapid growth in the adoption of fintech by Chinese banks at the smaller end of the...

China’s Cloud Computing Market Grew over 56% in 2020: CAICT White Paper

A new white paper on China's cloud computing sector from one of the country's leading science and technology think tanks indicates that...

Bank of Communications Grabs Approval for $9.22 Billion Tier-2 Capital Bond Issue

One of China's big state-owned banks had cinched approval for a new issue of bonds to shore up its capital levels.