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Finance
Finance
Banking
Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy
CBNEditor
-
January 15, 2021
Banking
Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020
CBNEditor
-
January 15, 2021
Banking
Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan
CBNEditor
-
January 14, 2021
Economy
Chinese Central Bank Releases Financial Data for End of 2020 – Renminbi Loans Increased 19.63 Trillion Yuan Last Year
CBNEditor
-
January 13, 2021
Finance
ByteDance Launches Factoring Company in Hainan
CBNEditor
-
January 13, 2021
Finance
CBIRC to Directly Regulate 39 Chinese Life Insurance Companies
CBNEditor
-
January 13, 2021
0
The China Banking and Insurance Regulatory Commission (CBIRC) has unveiled plans to shake up the regulation of the country's life insurance sector....
Read more
Finance
PayPal Acquires Full Ownership of Chinese Third Party Payments Platform GoPay
CBNEditor
-
January 12, 2021
0
PayPal has become the first foreign company to acquire full ownership of a third party payments provider in China.
Read more
Economy
China Set to Contain Regional Debt Risk via Assessment-based Quotas
CBNEditor
-
January 12, 2021
0
Domestic sources expect regulators to accelerate efforts to contain hidden local government debt risk, after the issue was heavily stressed by the...
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Banking
China Commences Trials for Bulk Transfer of Personal Non-performing Loans to Asset Management Companies
CBNEditor
-
January 12, 2021
0
The China Banking and Insurance Regulatory Commission (CBIRC) has launched trials to accelerate the disposal of personal non-performing loans (NPL's).
Read more
Finance
China Removes Restrictions on Credit Card Overdraft Rates for over 700 Million Card Holders
CBNEditor
-
January 11, 2021
0
China's central bank has removed restrictions on the overdraft rates for credit cards, in a major shake up for the country's interest...
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Economy
China Will Vie for Title of World’s Financial Centre, Renminbi Could Become Global Reserve Currency: Ray Dalio
CBNEditor
-
January 10, 2021
0
The co-chief investment officer of the world's largest hedge fund expects China to emerge as a potential contender for the world's financial...
Read more
Banking
JPMorgan Mulls Wealth Management Venture with China Merchants Bank
CBNEditor
-
January 7, 2021
0
Wall Street bank JPMorgan Chase & Co. plans to launch a new wealth management joint-venture in China with the country's largest private...
Read more
Economy
Chinese Central Bank Calls for Stronger Macro-prudential Regulation of Online Finance at Inaugural Work Meeting for 2021
CBNEditor
-
January 7, 2021
0
The People's Bank of China (PBOC) has sent a raft of key policy signals at its inaugural work meeting for 2021, including...
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Economy
China Frees up Overseas Lending for Domestic Enterprises, Targets Core Technologies Abroad
CBNEditor
-
January 6, 2021
0
The Chinese central government hopes to facilitate overseas expansion by domestic enterprises by freeing up offshore lending.
Read more
Finance
Pengyuan Credit Hit with Record Penalty by Chinese Central Bank for Unlicensed Operation
CBNEditor
-
January 6, 2021
0
The People's Bank of China (PBOC) has hit a leading Chinese credit agency with a record-breaking penalty for unlicensed business activity.
Read more
Economy
Chair of Huarong Asset Management Lai Xiaomin Sentenced to Death for Bribery, Bigamy, Corruption
CBNEditor
-
January 6, 2021
0
The former chair and party secretary for one of China's big four asset management firms has been sentenced to death over bribery...
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Economy
China on Track to See 430 – 490 A-share IPO’s in 2021 Raising up to 480B Yuan: PWC Report
CBNEditor
-
January 5, 2021
0
Analysts from Pricewaterhouse Coopers (PWC) expect funds raised via A-share IPO's in China to rise to a decade-long high in 2021.
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Latest stories
China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen
Banking
CBNEditor
-
January 15, 2021
0
The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...
Read more
Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy
Banking
CBNEditor
-
January 15, 2021
0
A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...
Read more
Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020
Banking
CBNEditor
-
January 15, 2021
0
The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...
Read more
Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan
Banking
CBNEditor
-
January 14, 2021
0
Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.
Read more