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Banking

Strong Pressure Behind Rebound in Non-performing Loans: Banking Regulator

CBNEditor - March 3, 2018 0

The China Banking Regulatory Commission has warned of a potential rebound in non-performing loans that could trigger systemic risk despite risk being "under control." At...

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

Fintech CBNEditor - October 26, 2020 0

The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Economy CBNEditor - October 26, 2020 0

Proposed amendments to the law governing the Chinese central bank are expected to confer it with greater sway and authority within China's...

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Fintech CBNEditor - October 26, 2020 0

Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...

Digital Lender XWBank Sees Q3 Profits Rise 32%

Banking CBNEditor - October 26, 2020 0

Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...

Tag: Xiao Yuanqi

Most Read

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

Legal Changes Expand Power of Chinese Central Bank, Confer Official Recognition to Digital Renminbi

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

Digital Lender XWBank Sees Q3 Profits Rise 32%

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