China
China shifts bank lending as Beijing cuts direct steering
China shifts bank lending as Beijing cuts direct steering
It has shifted to a market-based approach, from reliance on window guidance.
Neema unlocks direct payment route to 1 billion Alipay wallets
Global banks can bypass China FX hurdles via Neema’s direct-to-Alipay wallet integration.
Chinese megabanks' buffers bolstered by capital injection
The six megabanks experienced more margin squeeze than peers due to policy-favored lending, said S&P.
Mastercard and Bank of Shanghai team up for China cross-border payments
It is expected to benefit SMEs and international students.
How Chinese super apps capture 90% of $12.8t mobile payments
QR code transactions now lead point of sale activity across major cities.
Resilient earnings make China’s big four banks stand out in volatile markets
The MSCI China Banks Index has consistently outperformed the broader market each March since 2005.
DBS China secures NAFMII underwriting licence for onshore bonds
DBS plans to attract more high-quality international issuers to issue Panda bonds.
Bank of Singapore names Eng Chien Chan as market group head for Greater China
His appointment will be effective on 17 March.
Weixin Mini Programs' transaction value up 65% in LNY 2026
Transactions of Chinese tourists visiting Italy and Malaysia more than doubled.
Alipay’s AI Pay surpasses 100 million users
Consumers pay via voice command, eliminating the need to switch between pages.
CMB International and MA Financial to co-manage $600m private credit fund
The fund will focus on senior secured leveraged loans.
Chinese banks slash USD bond exposure to 85%
Banks are increasing bond investments in the Euro and likely the AUD, said BofA.
Chinese banks miss Hong Kong stablecoin opportunities as rules tighten
China is likely to push the e-CNY as it extends stablecoin restrictions to offshore.
Alipay’s agentic-powered AI Pay exceeds 120 million transactions
AI Pay is being used by Luckin Coffee and Rokid, amongst others.
Close gov’t supervision driving Evergrowing Bank risk upgrades
S&P flags legacy loan strain despite Shandong oversight push.
LSEG expands China reach with ICBC deal
The MoU covers RMB services, trading, clearing, and FTSE Russell
UnionPay links 25 foreign wallets to Weixin Pay as China QR use surges
Global travellers can use domestic cards on Weixin Pay QR network
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