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Regulators are working overtime pumping out rules to contain what they see as growing risks in various parts of the financial system. This is partly a function of the ongoing financial derisking campaign that …

Beijing has become increasingly concerned about the growing market power of fintech companies, notably the third-party payment platforms Alipay, owned by Ant Group Co. Ltd., and WeChat Pay, owned by Tencent Holdings Ltd. The concern stems from …

This is another example of regulators responding to the State Council’s demand to get rid of unnecessary administrative procedures and to …

This second major public test of China’s digital currency was double the size of the first one in Shenzhen and included one of the country’s biggest e-commerce platforms, a sign of the progress being made in …

These rules mark another small step toward opening the capital account and encouraging the use of the RMB by foreign investors and merchants. Progress has been marginal in recent years because …

People in China care about privacy – and the authorities are sensitive to that. Regulating data ownership and tightening scrutiny of big tech companies helps the CBIRC…