Sunday, April 18, 2021
Tags Private banks

Tag: Private banks

ACFIC Calls for Allowing Foreign Capital to Invest in China’s Private Banks

China's leading non-governmental chamber of commerce has called for the regulators to provide fairer treatment to private banks via the loosening of...

7 Private Banks Garner Approval in Six Months Despite Strict Entry Requirements

The number of private banks approved for business in China has nearly doubled over the past six months, yet industry insiders expect regulators to...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...