Friday, January 22, 2021
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Tag: Liu Kun

Infrastructure Development Will Increase to Deal with Easing Economy: China’s Finance Minister

China's finance minister has flagged continued growth in infrastructure development in order to help deal with the country's slowing economic growth.

Active Fiscal Policy Set to Become More Active: China’s Finance Minister

A report from the People's Daily says that the Chinese central government "has already confirmed that active fiscal policy will become even more active,"...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.