Friday, October 30, 2020
Tags Bank for International Settlements

Tag: Bank for International Settlements

Digital Cashless Payments in China Grew 48% in 2018: Bank for International Settlements

Data from the Bank for International Settlements (BIS) indicates that cashless payments in China are continuing to see robust growth.

China’s Fintech Credit Volume Saw 252% Annual Growth from 2013 – 2016: BIS Report

China's fintech credit market is now far and away the world's largest according to a new report on the global sector from the Bank...

Chinese Deleveraging Has Gone into Reverse: Bank for International Settlements

Beijing's efforts to deleverage the Chinese economy have ground to a halt according to new data from the Bank for International Settlements (BIS). BIS data published...

Is Chinese Government Debt Pressure on the Decline?

A leading Chinese analyst has expressed optimism about Beijing's ability to curb government debt pressure, claiming that figures from the Bank for International Settlements...

Shadow Banking in China is Becoming More Interconnected and Complex: BIS

A new working paper from the Bank for International Settlements points to the increasing complexity of China's shadow banking sector as it undergoes key...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...