Saturday, April 17, 2021
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Fintech

CITIC Group Enters Strategic Cooperative Agreement with Alibaba and Ant Group on Fintech and Industrial IoT

CBNEditor - 0
State-owned investment company CITIC Group has announced the launch of a cooperative partnership with leading e-commerce and fintech players Alibaba Group and...
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Banking

CITIC Set to Launch First Consumer Finance Firm Involving Trust Company

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CITIC Trust has obtained approval from regulators for the launch of a new consumer finance company, marking the first foray by a Chinese trust...
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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

Economy CBNEditor - 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 - 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 - 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 - 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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