Wednesday, March 3, 2021
Tags Economics

Tag: Economics

Growth in China’s Core Shadow Banking Rises to Three Year High: Moody’s

A new report from ratings agency Moody's Investors Service indicates that growth in core Chinese shadow banking has risen to its highest level since...

Urban Unemployment Remains Below 5% in May

Official data indicates that China's urban unemployment levels have held steady despite easing economic growth and ongoing efforts by the government to expunge excess...

China’s January-May Trade Surplus Contracts 21% YoY

The latest official data indicates that the total value of China's net exports was 10.76 billion yuan for the first five months of 2017. According to...

M2 Year-on-Year Growth Expected to Hit 11.2% in March

On the eve of the release of key economic and financial data by China's central bank, economists foresee an expansion in the M2 money supply...

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Shenzhen Launches China’s First Personal Bankruptcy System

The southern Chinese tech hub of Shenzhen has just launched China's first system for the application and processing of personal bankruptcies.

Alibaba and Baidu Win Tender for China’s Online Payments Processing Cloud Platform

Tech giants Alibaba Cloudand Baidu have won the tender for a project involving the cloud platform used to drive China's centralised...

Tech Investments of Chinese Banks Rose 20% in 2020

Chinese banks and insurers gave a major boost to their tech investments in 2020 despite the economic impacts of the COVID-19 pandemic....

Sichuan Province to Issue 11.4B Yuan in Special Bonds to Bolster Capital of 21 Regional Banks

The central Chinese province of Sichuan plans a copious bond issue to provide support to the capital standing of its local banking...