Wednesday, April 14, 2021
Tags Double 11 Shopping Day

Tag: Double 11 Shopping Day

Online Payments in China Hit Fresh Record High During 2020 Double 11 Shopping Festival

Online payments processing saw surging growth during China's November 11 Shopping Festival in 2020 to hit record high levels, despite the ongoing...

Ant Financial Says Blockchain Will be Widely Applied on China’s Double 11 Shopping Day

The world's biggest fintech company says that it will make widespread use of blockchain technology on China's Double 11 online shopping day in order...

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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...