china

Apr

Special ‘Bad Loan Development Zone’ in the Yangtze?

Once known for its economic development zone, the rich Yangtze river delta now has become a hotbed for something else: non-performing loans.

Mar

China Banking Research

RMB/USD spot fluctuation range increase to ±2%

On March 15, 2014, the PBOC announced that the daily RMB/USD exchange rate float range in the Chinese interbank market would increase to ±2%, which will be implemented on March 17. The chart below shows the expansion of fluctuation range for RMB/USD spot, which is meaningful to Chinese FX market.…

Mar

China Banking Research

Alibaba continues pressing into banking with a virtual credit card

In another foray from the Internet giant into high finance, Alibaba recently announced that one million virtual credit cards will be issued next week.

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china

Special ‘Bad Loan Development Zone’ in the Yangtze?

RMB/USD spot fluctuation range increase to ±2%

Alibaba continues pressing into banking with a virtual credit card

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china

Special ‘Bad Loan Development Zone’ in the Yangtze?

RMB/USD spot fluctuation range increase to ±2%

Alibaba continues pressing into banking with a virtual credit card

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