Friday, 22nd, 2024 | 1:11AM Updated

A combination of a strong startup culture and innovative funding mechanisms have led China's fintech industry to grow by leaps and bounds.
China’s Fintech Efforts Grow by Leaps and Bounds

Businesses are not worried about the increase in domestic debt.
China Issues Debt Payment Breaks; Stagnating Economy Feared

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Chinese banks are currently seeing an increase in non-performing loans.
New Bank in Chongqing to Rehabilitate Out-of-shape Businesses

A bank employee shows both sides of the new 100 yuan note in Anqing, Anhui Province, on Nov. 12, 2015.
China Dismisses Fears Over Yuan Exchange Rate Fluctuations

A bank staff counts cash in Suining, southwest China's Sichuan Province, Dec. 5, 2011.
China Launches Crackdown on 'Underground Banks'

For the first time after 1997, locals were invited to observe the live-fire exercise of the PLA Hong Kong Garrison on July 4.
PLA Set to Correct Financial Loopholes

A giant electronic board showing the online transaction value on Alipay.
Ant Financial Looking to Take the IPO Road of Its Parent Alibaba Group

A woman looks at Chinese Lunar New Year decorations.
Alipay Still Transfers Over 4 Billion Yuan During CNY Without WeChat

A man pushes his bicycle past a branch of China’s Postal Savings Bank. The lender’s recent announcement is seen by analysts as a bid to improve its corporate governance.
Postal Savings Bank Reveals Plans to Raise $25 Billion IPO

Apple Pay will soon support transactions made on KFC, Starbucks and Best Buy.
Tim Cook Gets Stuck Ticking Off the Top-Priority China Apple Pay Deal

Chief executive of Chinese e-commerce giant Tencent Holdings, Pony Ma.
New Normal Internet Financing Summit Held in Beijing

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