Saturday, October 24, 2020
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Economy

China to Enter Bilateral Currency Swap Agreement with Japan

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China and Japan will enter a bilateral currency swap agreement according to an article written by Premier Li Keqiang that was recently published by...
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Economy

China’s Per Capita Disposable Income Approaches 1970’s US Levels

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A new report from Huatai Securities puts China's current economic state in context by matching it to various periods in the developmental history of...
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Economy

China Ousts Japan as Biggest Holder of US Treasuries

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China has re-emerged as the world's biggest holder of US government debt following five consecutive months of gains in its holdings of Treasuries. The US...
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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

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Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

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China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

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Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

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A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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