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Economy

Lucy Peng Replaced as Chair of World’s Largest Fintech Concern

CBNEditor - April 9, 2018 0

The executive chair of Alibaba's online payments and fintech arm has vacated her position according to an internal company announcement issued by Jack Ma. Lucy...

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

Fintech CBNEditor - January 18, 2021 0

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

Economy CBNEditor - January 18, 2021 0

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%

Economy CBNEditor - January 18, 2021 0

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

Fintech CBNEditor - January 18, 2021 0

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...

Tag: Lucy Peng

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

China Bans Banks from Selling Depository Products via Third Party Online Platforms

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