Monday, November 30, 2020
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Australian Central Bank Governor Says China Can Contain Financial Risks

The head of the Australian central bank says he is "optimistic" about the ability of the Chinese government to contain vulnerability and risk in...

Australia’s Central Bank Cautions China on Tightened Capital Controls

The head of Australia's central bank has called upon the Chinese government to moderate its capital control regime. Speaking on the topic of RMB internationalisation in Sydney...

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Financial Digital Development Alliance Launched with Participation of over 200 Chinese Banks and Fintech Firms

China has just seen the launch of a new fintech industry group with the participation of more than 170 of the country's...

Chinese Central Bank Won’t Engage in Monetary “Irrigation” Or Leave Market Short of Cash: PBOC Q3 Monetary Execution Report

The People's Bank of China (PBOC) has flagged the maintenance of moderate monetary policy settings following the Chinese economy's gradual recovery from...

Bank of Communications Fintech Subsidiary Officially Opens for Business in Shanghai’s Nanhui New District

Big state-owned lender Bank of Communications (BOCOM) has joined the ranks of Chinese financial institutions that have established their own fintech vehicles....

Zheshang Bank Plans to Invest 2B Yuan in Launch of Fully Invested Wealth Management Subsidiary

Regional lender China Zheshang Bank hopes to join the ranks of Chinese banks that operate their own wealth management subsidiaries.