Monday, November 30, 2020
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Chinese Exports Post YoY Rise of 36.2% in February, Imports Edge Lower 0.2%

Official data from China's customs authority points to a year-on-year surge in exports for February, as imports saw an incremental decline. The total value of...

China’s Trade Surplus Surges to Near Two Year High

China's trade surplus leaped to a near two year high in December despots forecasts of a decline, on the back of strong exports and...

China’s Trade Surplus Narrows 17.7% As H2 Foreign Trade Leaps 19.6% YoY

The latest data from China's General Administration of Customs points to a sharp rise in tangible foreign trade following a decline in 2016. GAC data...

India’s Snub of One Belt One Road Will Do Little to Diminish Chinese Trade: Morgan Stanley

Morgan Stanley economist Chetan Ahya says that India's trepidations about the One Belt One Road initiative will do little to stem the expansion of...

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Bank of Communications Fintech Subsidiary Officially Opens for Business in Shanghai’s Nanhui New District

Big state-owned lender Bank of Communications (BOCOM) has joined the ranks of Chinese financial institutions that have established their own fintech vehicles....

Zheshang Bank Plans to Invest 2B Yuan in Launch of Fully Invested Wealth Management Subsidiary

Regional lender China Zheshang Bank hopes to join the ranks of Chinese banks that operate their own wealth management subsidiaries.

Chinese Central Bank Commits to Financial Opening, Warns of Anti-Globalist Sentiment

A senior official from the Chinese central bank has warned of the international resurgence of anti-globalist sentiment, while stating that further opening...

Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."