Monday, April 12, 2021
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Banking

Urbanisation Rate Approaches 60% As China’s City-based Population Exceeds 780mn

CBNEditor - 0
Official data indicates that China's urbanisation rate is fast approaching 60% as an increasing number of rural citizens leave the countryside to pursue economic...
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Economy

Guangzhou Tops List of China’s Provincial Capitals Ranked by First Half GDP

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The release of new data on the GDP of China's provincial capitals for the first half of 2017 shows that Guangzhou remains the most...
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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

Economy CBNEditor - 0
One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...
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Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

Banking CBNEditor - 0
The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...
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Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Economy CBNEditor - 0
Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...
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Digital Renminbi Makes Its Debut on Renmin University Campus

Fintech CBNEditor - 0
Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....
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