Blogs

China Fintech has been developing rapidly. According to an EY report, in 2016, China’s fintech industry attracted US$8.58 billion in investment, the highest in the world. However, while the UK’s fintech regulatory sandbox became a case-study for governments globally including Singapore and Australia, there is still a big blank in China.…

Recently, there has been a rise in Chinese internet giants investing or collaborating with banks. This year alone, some of China’s largest internet companies – Baidu, Ant Financial, Jingdong Finance, and Tencent – formed strategic partnerships with some of China’s biggest banks. All these companies, while being competitors, have risen…