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Alipay expands in US with First Data

Alipay expands in US with First Data

2017-05-11 10:20

China's third-party payment tool Alipay,reached a deal with payment processor First Data.

Chinas social security fund must contain risks: official

China's social security fund must contain risks: official

2017-05-10 09:43

Chinese Vice Premier Ma Kai on Tuesday urged the social security fund to improve asset safety and contain financial risks.

Bank of China offers new credit cards with American Express

Bank of China offers new credit cards with American Express

2017-05-09 11:08

Bank of China and American Express co-launched two new single-network credit cards in Beijing on Monday.

Chinese financial watchdogs vow support for Belt and Road Initiative

Chinese financial watchdogs vow support for Belt and Road Initiative

2017-05-08 09:32

Chinese financial watchdogs pledged to offer financial support for the sustainable development of the Belt and Road Initiative.

China PE investment surges in April

China PE investment surges in April

2017-05-07 14:06

China witnessed a sharp increase of private equity (PE) investment in April, boosted by big deals in the medical and IT sectors.

China encourages insurance funds to invest in PPP projects

China encourages insurance funds to invest in PPP projects

2017-05-05 16:31

The central government will encourage insurance funds to invest in public-private-partnership (PPP) projects to boost the economy.

Benchmark mortgage rate for first home becomes mainstream in tier-1 cities

Benchmark mortgage rate for first home becomes mainstream in tier-1 cities

2017-05-05 16:09

122 banks in 35 cities raised mortgage rates in April. It is expected that there will more cities to take similar measures.

Chinese insurers premium income up 32.45 pct in Q1

Chinese insurers' premium income up 32.45 pct in Q1

2017-05-03 20:10

Premiums received by Chinese insurers rose 32.45 percent in Q1, compared with Q1 last year, official data showed Wednesday.

Chinas Bank of Communications sees profits rise in Q1

China's Bank of Communications sees profits rise in Q1

2017-05-02 10:40

Bank of Communications reported slightly higher net profits in the first quarter this year on the back of its business restructuring.

China Pacific Insurance says Q1 net profits down 9 pct

China Pacific Insurance says Q1 net profits down 9 pct

2017-04-30 22:23

China Pacific Insurance, the country's third largest life insurer, said its first-quarter net profits declined 9 percent year on year to two bln yuan.

Agricultural Bank of China profits rise in Q1

Agricultural Bank of China profits rise in Q1

2017-04-28 20:19

Agricultural Bank of China said Friday that it raked in more net profits in the first quarter this year with its asset quality on the mend.

Chinese insurers to serve projects along B&R initiative

Chinese insurers to serve projects along B&R initiative

2017-04-28 10:14

Chinese insurers should serve projects along the Belt and Road, the industry's top regulator said Thursday.

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