Wednesday, January 27, 2021
Tags Chinese capital controls

Tag: Chinese capital controls

Banking

Chinese Banks Tighten Foreign Cash Withdrawals, Heighten Customer Scrutiny

CBNEditor - 0
The Chinese central bank has tightened its capital controls, with domestic lenders ordered to increase their scrutiny of frequent US cash withdrawals...
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Economy

PBOC “Declares War” on Short Sellers with Suspension of Shanghai Free-trade Accounting Unit System

CBNEditor - 0
The Chinese central bank has placed restrictions on commercial banks using free trade zones to deposit or lend renminbi funds abroad via certain types...
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Most Read

Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

Fintech CBNEditor - 0
The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...
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Automaker Geely Establishes Fintech Investment Vehicle

Finance CBNEditor - 0
Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...
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China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

Economy CBNEditor - 0
The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...
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Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Fintech CBNEditor - 0
Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...
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