Tuesday, December 1, 2020
Tags Innovation

Tag: Innovation

Chinese Economy Needs Innovation to Survive: Renmin University Report

A new report from one of China's leading university's says the country needs to turn away as soon as possible from its low-cost approach...

Chinese Banks Suspend Innovation Forays Following Regulatory Crackdown

A new report indicates that many Chinese banks have become reluctant to engage in new or innovative operations just a month following a crackdown unleashed by...

Most Read

Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...

Kuaishou Could Acquire Payments License, Joins Ranks of Chinese Tech Giants Making Forays into Finance

Chinese video-sharing platform Kuaishou could be preparing for a foray into the fintech sector by grabbing a payments license via the acquisition...

Bank of China Forecasts 7.5% GDP Growth for China in 2021

Big state-owned lender Bank of China (BOC) has issued a rosy forecast for Chinese GDP growth in 2021 following efforts to contain...

Chinese Central Bank Undertakes 200B Yuan in MLF, 150B Yuan in Reverse Repos on 30 November

The People's Bank of China (PBOC) has announced that it undertook 200 billion yuan in medium-term lending facility (MLF) operations and 150...