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China boasts worlds largest social credit system: official

China boasts world's largest social credit system: official

2019-06-14 16:38

China has established the world's largest credit system with the largest amount of data and the widest coverage.

PBOC vows measures to build Shanghai into international financial center

PBOC vows measures to build Shanghai into international financial center

2019-06-13 20:23

China's central bank will step up support to build Shanghai into an international financial center, the central bank governor said Thursday.

China leads world in digital payment use: report

China leads world in digital payment use: report

2019-06-13 15:15

More than half a billion Chinese people will choose to pay with their phones in brick-and-mortar shops, cafes and restaurants this year.

Why Wall Street Is Lending Billions to Chinas Hottest Tech Unicorns

Why Wall Street Is Lending Billions to China's Hottest Tech Unicorns

2019-06-13 11:34

Wall Street banks are taking their unicorn playbooks to China.

China, UK to hold economic, financial dialogue for sound ties: FM spokesman

China, UK to hold economic, financial dialogue for sound ties: FM spokesman

2019-06-13 09:23

Chinese Vice Premier Hu Chunhua will co-host the 10th China-UK Economic and Financial Dialogue with British Chancellor of the Exchequer Philip Hammond

China credit growth picks up in May

China credit growth picks up in May

2019-06-13 09:18

China's credit growth picked up in May as new bank loans rebounded thanks to increasing policy support.

Bank of China approved to raise up to 100 bln yuan via preference shares

Bank of China approved to raise up to 100 bln yuan via preference shares

2019-06-11 16:34

Bank of China (BOC) has gained approval to raise up to 100 billion yuan (about 14.5 billion U.S. dollars) through the sales of preference shares.

Chinas financial institutions report growing assets in Q1

China's financial institutions report growing assets in Q1

2019-06-11 09:41

Chinese financial institutions held 302.71 trillion yuan (about 43.8 trillion U.S. dollars) in total assets by the end of the first quarter in 2019.

Chinese, Thai central banks partner over fintech

Chinese, Thai central banks partner over fintech

2019-06-11 09:41

China's central bank has partnered with its Thai counterpart over fintech development.

Fintech development challenges need to be addressed: IMF official

Fintech development challenges need to be addressed: IMF official

2019-06-10 18:48

Fintech sector offers opportunities which can support productivity and growth, fintech may also pose certain risks and needs to be properly managed

China mulls raising caps in equity investment for insurers

China mulls raising caps in equity investment for insurers

2019-06-10 10:25

China's banking and insurance regulator is considering raising the upper limit of the proportion of capital that insurance firms can hold in equities.

China financial authority stresses stable interbank lending to small banks

China financial authority stresses stable interbank lending to small banks

2019-06-09 22:52

China will continue to provide liquidity support to small lenders.

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