But city must also be more proactive in integrating with the mainland’s development, HKMAO’s Huang Liuquan tells group of business leaders.
Tagged By banking
Shanghai to roll out measures to develop as an international financial centre
SHANGHAI: Shanghai, the financial hub of China, said it will roll out a slew of measures as part of the 14th five-year plan to develop the city as an international financial centre. The municipal …
Digital Financial Inclusion in China
China’s Experience in Digital Financial Inclusion [1] 1. Background Financial inclusion is the next step in the evolution of financial systems and has played a key role …
Financial Inclusion: Lessons Nigeria can learn from China
Digital financial inclusion has adhered to the G20 High-Level Principles for Digital Financial Inclusion, which were adopted and published at the Summit in Hangzhou in 2016.
SoftBank invests in Chinese-founded fintech start-up OPay after Masayoshi Son puts pause on China deals
OPay, founded by Chinese billionaire entrepreneur Zhou Yahui, is one of many China-backed companies capitalising on Africa’s growing demand for financial services.
China hints it may provide financial aid to Taliban controlled Afghanistan
There is a global pushback against the taliban’s violent takeover of Afghanistan. It calls to cut all financial aid to Afghanistan, until the Taliban ends its hardline religious policies. However, …
China to strengthen financial support for common prosperity
The People Bank of China has vowed to maintain the stability of macro policies and provide strong financial support for the country …
China’s services trade fair CIFTIS attracts 143 financial entities
A total of 143 financial organizations and enterprises will attend the thematic exhibition on financial services of the China Inter …
Fitch Revises Rating Watch on Huarong Financial Leasing to Evolving
Fitch Ratings has revised the Rating Watch on China Huarong Financial Leasing Co., Ltd.’s (Huarong Financial Leasing) Long-Term Issuer Default Rating (IDR) of ‘BBB-‘ to Evolving (RWE) from Negative …
China’s Pinduoduo misses quarterly revenue expectations
Chinese e-commerce platform Pinduoduo Inc missed Wall Street expectations for quarterly revenue on Tuesday, hit by tough competition from larger rivals like Alibaba and JD.Com to tap into the pandemic …
China Ride-Hailing Giant Didi Puts Europe Expansion on Hold
Didi Global Inc. suspended plans to expand in Europe partly because of government concerns over how the Chinese ride-hailing company handles passenger data, according to a person familiar with the …
UPDATE 1-Kamala Harris says Beijing continues to ‘coerce’ in South China Sea
U.S. Vice President Kamala Harris on Tuesday accused Beijing of continuing to “coerce” and “intimidate” in the South China Sea and pledged that Washington would pursue a free and open Indo Pacific.
Traffic Improves in China as Beijing Quashes Outbreak of Delta
Traffic on China’s typically busy city streets has shown signs of a recovery as the key crude-importing nation managed to quash a resurgence in Covid-19 cases, bolstering the outlook for energy demand …
