Sunday, April 18, 2021

Tags Chinese New Year

Tag: Chinese New Year

Economy

Retail, Food & Beverage Companies in China See Near 30% Sales Surge During 2021 Lunar New Year

CBNEditor - February 18, 2021 0

Major companies in China's retail and food and beverage (F&B) sectors have seen a sharp rise in sales during the 2021 Lunar...

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Fintech

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

CBNEditor - January 27, 2021 0

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

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Fintech

Coronavirus Drives 46.79% Rise in China UnionPay’s Online Payments during Chinese New Year

CBNEditor - February 5, 2020 0

The novel coronavirus is driving a sharp rise in online payments transactions as fear and containment measures keep many Chinese consumers at...

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Fintech

Tencent Suspends In-person Distribution of Chinese New Year Bonuses for First Time in Nearly Two Decades

CBNEditor - January 22, 2020 0

Tech giant Tencent has suspended the in-person distribution of red packet Chinese New Year's bonuses to employees for the first time in...

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Banking

Over 4.5 Billion Online Payments Processed during Chinese New Year

CBNEditor - February 12, 2019 0

The traditional Chinese lunar new year has seen the domestic payments sector process a vast number of online holiday transactions, with China's...

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Economy

February PMI Slides to 50.3 Due to Chinese New Year Vacation

CBNEditor - February 28, 2018 0

China's official purchasing managers' index reading for February is 50.3, for a 1.0 point decline compared to the preceding month. Out of the 13 PMI...

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Most Read

Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

Economy CBNEditor - April 16, 2021 0

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Economy CBNEditor - April 16, 2021 0

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

Banking CBNEditor - April 16, 2021 0

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

Fintech CBNEditor - April 16, 2021 0

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...

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