Strong cross-border trade, RCEP trade pact, and deep capital market integration support international use of RMB
Tuesday, 31 January 2023
By the end of 2021, 28% of Ping An Bank’s applications, some 1,700, had been built
based on a new cloud- native platform
China Construction Bank achieved a sound financial performance in its retail business, with individual client assets under management (AUM) of $2.25 trillion…
The increased use of the renminbi for international payments and investments in China’s capital markets by foreign investors, has seen demand and value…
China, the world's largest electric vehicle (EV) market, recently announced policy changes to eliminate EV subsidy by 2023 to increase efficiency of the…
New digital financial infrastructure, new regional free trade agreements, and decisive leadership in the emerging sustainability and green agenda bode…
With 41% of China's $45 trillion in banking assets and 27% of its $30 trillion in loans exposed to the property market, authorities are likely to initiate…
Provincial banks accounted 9 out of 10 on the list
Chinese banks well positioned on this year’s strongest banks ranking while performance varied by categories
China’s State Administration for Market Regulation (SAMR) imposed administrative penalties on Alibaba for its antitrust activities in the online retail…
The bank capitalises on open ecosystems to maintain leading position in active digital customer base, and holds a leading 10% share of China’s private…
The use of RMB in international transactions will increase despite US-China trade frictions and on-going COVID-19 pandemic according to the latest annual…