Monday, April 19, 2021
Tags Chinese open banking

Tag: Chinese open banking

China to Launch New Regulations for Open API’s, Open Banking

State media reports that China's financial authorities plan to launch new regulations and policies for the open banking sector and open application...

Tencent Leads $40M Investment in London Fintech Startup TrueLayer

Chinese tech giant Tencent is taking the lead in a USD$40 million funding round for an open banking fintech startup based in...

Tencent Cloud and WeBank Launch Fintech Lab to Explore Open Banking in China

Tencent-backed online lender WeBank (微众银行) has teamed up with Tencent's cloud platform to launch a new fintech research lab.

Open Banking On Track to Become Dominant Trend in China Say Senior Execs

Leading figures from the Chinese banking and fintech sectors expect open banking to become a major trend in future. Chen Qiao (陈峭), vice-president of online...

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

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

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

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

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

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

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

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