China finance

New Business

China to keep up financial risk control campaign with draft rules for microlenders

China’s financial watchdog has taken a step further in setting standards for the microlending industry, placing limits on loans and…

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New Business

China’s yuan hits internationalisation landmark with record share of global payments

Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…

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New Business

As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases,…

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