Sunday, January 17, 2021
Tags Chinese finance consumers

Tag: Chinese finance consumers

CBIRC Issues New Rules for Internet Insurance Operations, Encourages Big Data and Blockchain Usage

The China Banking and Insurance Regulatory Commission (CBIRC) has just issued new regulations that target risk issues in the online insurance sector,...

Consumer Complaints about Chinese Banks Surge 26.5% in Third Quarter, Credit Card Complaints up 43.5%: CBIRC

The Chinese banking sector saw a surge in complaints from consumers in the third quarter of 2020 according to data from the...

Chinese Central Bank Leads Launch of New Protections for Consumers of Financial Services

The People's Bank of China (PBOC) has led the launch of new measures to shore up protections for domestic consumers of financial...

PBOC Flags Launch of New Financial Consumer Rights Rules Before End of 2020

The Chinese central bank has said it plans to officially launch new measures to protect the rights and interests of financial consumers...

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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.