Monday, January 18, 2021
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Tag: Foxconn

Ant Financial and Foxconn Join Ranks of World’s Leading Blockchain Companies

Chinese tech giants Ant Financial and Foxconn have both featured on Forbes' inaugural list of the world's 50 leading blockchain companies.

Foxconn Grabs $18 Million Stake in Cryptocurrency Merchant Bank

Taiwanese manufacturing giant Foxconn is making a foray into fintech by investing USD$18 million in a cryptocurrency merchant bank launched by a former partner...

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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...