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Chinese household assets
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Chinese household assets
Economy
Household Financial Assets in China Rise 7.4% During Spread of COVID-19
CBNEditor
-
September 29, 2020
0
A near ten percent rise in deposits has driven a sizeable increase in the financial assets of Chinese households during the first...
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Economy
Average Household Assets in Beijing and Shanghai Exceed USD$1 Million, Homeownership at 96%: Central Bank Report
CBNEditor
-
April 27, 2020
0
A new survey from the Chinese central bank highlights high levels of home ownership and household assets in urban parts of China....
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Most Read
Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives
Fintech
CBNEditor
-
January 24, 2021
0
Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...
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Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC
Fintech
CBNEditor
-
January 24, 2021
0
The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...
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Chinese Banks See Net Profits Decline 1.8% in 2020
Banking
CBNEditor
-
January 24, 2021
0
China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....
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Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan
Fintech
CBNEditor
-
January 24, 2021
0
A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...
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