Sunday, January 17, 2021
Tags CCP

Tag: CCP

Chinese Communist Party Tightens Control of Banks with Internal Committees

The Chinese Communist Party will expand its influence over the banking sector with the official establishment of party committees at a slew of listed...

Xi Jinping Warns Against Property Speculation in 19th National Congress Report

In an over three hour-long work report delivered on the opening day of the 19th National Congress of the Chinese Communist Party, President Xi...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.