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Banking
Chinese Communist Party Tightens Control of Banks with Internal Committees
CBNEditor
-
June 28, 2018
0
The Chinese Communist Party will expand its influence over the banking sector with the official establishment of party committees at a slew of listed...
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Economy
Xi Jinping Warns Against Property Speculation in 19th National Congress Report
CBNEditor
-
October 18, 2017
0
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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Most Read
Ex-PBOC Deputy Governor Warns of “Biden’s Overheating” and “Sword of Inflation” After Unveiling of USD$1.9T Stimulus Package
Economy
CBNEditor
-
April 12, 2021
0
One of China's leading economists has warned of the major risk implications of the mammoth USD$1.9 trillion stimulus package unveiled by the...
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JD Technology Expected to Join Ant Group in Adoption of Financial Holding Company Form
Fintech
CBNEditor
-
April 12, 2021
0
The tech subsidiary of e-commerce giant JD.com reportedly plans to launch a financial holding company amidst a push from Chinese authorities for...
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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban
Economy
CBNEditor
-
April 11, 2021
0
One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...
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Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year
Banking
CBNEditor
-
April 11, 2021
0
The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...
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