Thursday, April 15, 2021
Tags Payment & Clearing Association of China

Tag: Payment & Clearing Association of China

Payment & Clearing Association of China Launches Data Reporting and Sharing System for Members

The Payment & Clearing Association of China (PCAC) has announced the official launch of a new system for collecting data on the...

Nine Chinese Payments Providers Summoned to Discuss Regulatory Breaches and Risk Issues

The Payment & Clearing Association of China (PCAC) has summoned nine of the country's payments companies to discuss potential regulatory breaches and risk issues. From...

Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...