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Chinese middle class
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Chinese middle class
Economy
China to Approach Majority Middle-class Status by 2025: Macro Polo Report
CBNEditor
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November 5, 2020
0
A new report from Chicago-based think tank Macro Polo expects China to avoid the "middle income trap" and approach majority middle-class status...
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Economy
New Report Sheds Light on Financial Habits of Chinese Middle-class Households
CBNEditor
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January 8, 2020
0
A new report on Chinese middle-class households sheds light on their geographic distribution and investment proclivities.
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Most Read
Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020
Fintech
CBNEditor
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January 21, 2021
0
China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight
Economy
CBNEditor
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January 21, 2021
0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms
Finance
CBNEditor
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January 21, 2021
0
The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark
Fintech
CBNEditor
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January 21, 2021
0
A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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