Friday, October 23, 2020
Tags PBOC Credit Reference Center

Tag: PBOC Credit Reference Center

Chinese Central Bank Plans to Upgrade Credit System with Integration of Business and Personal Data

The Credit Reference Center (CRC) of the People's Bank of China (PBOC) has issued a circular flagging acceleration of system upgrades.

PBOC Credit Reference Center Becomes World’s Largest Credit Information System

A leading official from the Chinese central bank has extolled the benefits and advantages brought by its creation of the world's largest...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

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