Monday, January 18, 2021
Tags Fan Wenzhong

Tag: Fan Wenzhong

Fintech Innovations Pave Way for Unified Global Currency: Senior Chinese Banking Official

A former senior official with the Chinese banking regulator has pointed to the potential for fintech innovations in the payments sector to...

Banking Regulator Says Chinese Fintech Has Entered High Risk Era

A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) has warned companies of the risks that attend the flourishing growth of...

China’s Banking Authority Grabs 3 Trillion Financial Records to Shore up Control

The China Banking and Insurance Regulatory Commission  (CBIRC) says it has amassed an immense trove of financial data in a bid to cement its...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...