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Wednesday, November 25, 2020
Tags China 2025

Tag: China 2025

Banking

Chinese Banks Expected to Lend More to Advanced Manufacturing, Financial Inclusion

CBNEditor - 0
Chinese banks are expected to channel more funds to the advanced manufacturing sector, micro-enterprises and financial inclusion areas, as regulators tighten curbs on real...
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China Construction Bank Withdraws from Digital Bond Issuance Due to “Over-excitement” in Cryptocurrency Circles

Fintech CBNEditor - 0
One of China's big six state-owned banks has withdrawn from plans to issue digital bonds in collaboration with a digital assets exchange...
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China’s Banking Authority Steps up Regulation of Trust Company Shareholders, Corporate Governance

Economy CBNEditor - 0
The China Banking and Insurance Regulatory Commission (CBIRC) has issued new regulations concerning the shareholders and corporate governance of domestic trust companies....
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Ant Group Grabs Approval for over $3 Billion in ABS Financing for Huabei and Jiebei Platforms

Fintech CBNEditor - 0
Chinese fintech giant Ant Group has just secured approval for 20 billion yuan (approx. USD$3.04 billion) in asset-backed security (ABS) financing.
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Suzhou to Hold Digital Renminbi Lottery During Double 12 Shopping Festival, Test “Dual Offline” Functionality

Economy CBNEditor - 0
The Jiangsu province city of Suzhou plans to conduct digital renminbi lottery trials during this year's Double 12 Shopping Festival, following the...
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