The world’s largest gaming company and owner of Chinese social media platform WeChat, Tencent reported Q4 earnings that exceeded market expectations yesterday, despite a slowing in sales gro... Read more
China’s big banks are poised to announce rebounding earnings figures next week, with the strengthening economy and Beijing’s deleveraging drive helping to bring an end to two years of stagna... Read more
Veteran banking regulator and well-known reform advocate Guo Shuqing has been appointed as chairman of the China Banking and Insurance Regulatory Commission, sources told Caixin Global, a ne... Read more
Central bank opens doors to foreign third-party payment firms
The People’s Bank of China (PBOC) said yesterday that China will open itself up to foreign third-party electronic payment firms, Reuters reports, hoping to increase competition in the indust... Read more
Chinese Premier Li Keqiang vows to create at least 11 million jobs this year, Caixin Global reports, to keep employment steady in the country’s changing economy. China’s working-age populati... Read more
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