Saturday, January 23, 2021
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Tag: PwC

PriceWaterhouseCooper Releases 11th China Banker Survey Report

The China Banking Association (CBA) and PriceWaterhouseCooper (PwC) have just released the 11th "China Banker Survey Report (2019)" (中国银行家调查报告(2019)).

China’s Mobile Payments Penetration Rate Highest in the World at 86%: PwC Report

China is currently the world leader in terms of mobile payments penetration according to a new report from consultancy PwC.

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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.