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Tag: China

China To Implement New Internet Finance Policies

The People's Bank of China (PBOC), the country's central bank, announced plans to introduce new policies that will govern how Internet finance operates in...

China Forecast to Produce 154 Billionaires in 10 Years

At least 154 new billionaires will emerge in China during the next decade, making the country the biggest generator of billionaires, the Wealth Report...

Bitcoin Trading Activity Surges in China

A report released by Goldman Sachs about the future of money showed that despite tight government restrictions, the amount of bitcoin trading activity in...

China Unveils Deposit Insurance System Plan

China's central bank, the People's Bank of China (PBOC) on Sunday announced draft rules for a long-awaited insurance scheme for bank deposits, in order...

China’s manufacturing PMI falls in November

China's National Bureau of Statistics (NBS) said the country's manufacturing purchasing managers' index (PMI) slowed more than expected in November, dropping to 50.3 from...

China Opens Hospital Sector to Foreign Investors

Foreign investors can now wholly own hospitals in the cities of Beijing, Tianjin and Shanghai and the provinces of Jiangsu, Fujian, Guangdong and Hainan...