Financial Services, Industries
October 2, 2019
Via: FortunePayPal Holdings has become the first foreign payments company to gain a foothold in China, more than a year after Beijing said it would open the space to foreign firms. But the deal may be less than it seems, as […]
Financial Services, Industries
August 20, 2019
Via: CNBCChina’s central bank has changed the way commercial lenders set interest rates for loans — a move expected to bring borrowing costs lower at a time when the Chinese economy needs a boost. Growth in China is slowing down as […]
January 16, 2019
Via: FortuneChina’s central bank on Wednesday offered financial institutions $83 billion in liquidity as part of a wider economic stimulus. The move sets a record for a single day. On Tuesday, several Chinese government institutions told investors they would be spending […]
April 23, 2024
March 28, 2024