Wednesday, April 14, 2021
Tags Chinese online economy

Tag: Chinese online economy

Chinese Central Bank Calls for Stronger Regulation of Large-scale Online Finance Platforms

The People's Bank of China (PBOC) has flagged stronger regulation of large-scale online finance platforms in an essay published on its official...

Chinese Internet Business Revenues Surge over 20% YoY to Hit 956.2B Yuan in 2018

A new report points to surging growth in income generated by China's large-scale internet enterprises in 2018.

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...