Nowadays, the use of credit cards is more and more high frequency, especially abroad, no need to exchange a large amount of paper money, with a credit card is enough. Can choose to pay by the cup, but also can choose to pay by VISA or ...
Tags: credit cards, VISA, MasterCard
The China Banking Regulatory Commission has revoked the private fund-manager licenses of 17 commercial banks. Media reports say the specific reason could be they had violated certain conditions under the Law on Commercial Banks, which ...
Tags: Fund-manager, Licenses
China's central bank has vowed to continue preferential financial policies to support Tibet for the next five years. The People's Bank of China promised more direct financing and financial bonds to facilitate small and medium enterprises ...
The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...
Tags: Green Bond, Interbank Market
pple and China UnionPay announced a partnership to bring the digital wallet of Apple Pay to China on Friday, cashing in on the popularity of such services in the country. China UnionPay cardholders will be able to link their bank cards to ...
China might introduce more easing policies in 2016 to consume unsold home inventories, a report by the Bank of Communications said, despite data from Friday showing signs of a warming market. The government could further lower the minimum ...
China's central bank has reportedly surveyed banks on the possibility and potential impact of removing its benchmark deposit and lending rates. It's being reported that China's central bank recently surveyed banks on the possibility ...
Experts and insiders say with the industry booming in China, the country's plan to modernize its financial services may have just entered a golden era. [Photo: nipic.com] Internet finance has become a hot topic at the ongoing World ...
Listed lenders from China may see zero or negligible profit growth next year, with some likely to incur marginal losses, a new report said on Monday. The nonperforming loans ratio, which measures bad loans as a percentage of total loans, ...
Tags: Uneasy Outlook, loans ratio
Recently, the General Office of the State Council issued the Guiding Opinions on Accelerating the Development of the Financial Leasing Industry (hereinafter referred to as the Guiding Opinions), to comprehensively and systematically ...
Tags: financial leasing industry, economic structure adjustment
China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...
Tags: Reserve Ratio, Interest Rates
China's central bank said yesterday it would cut the level of funds commercial banks must hold in reserve by 1 percentage point, the second such move this year to boost lending.The move, effective today, comes after the world’s second ...
China's $40 billion Silk Road Fund will be operated under a market-oriented approach and the projects it plans to invest in will not be limited to countries along the "One Belt, One Road" route, the fund's chairperson said on Thursday. ...
Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
In previous posts, I examined the high-tech industry in significant detail by picking a representative sample of leading systems, software, and semiconductor companies. Taken as a group, the selected firms serve the full range of ...
Tags: Electronics Industry, Electronics