Latest finance, technology and trade news

16 Aug WeChat’s world

Among all its services, it is perhaps its promise of a cashless economy, a recurring dream of the internet age, that impresses onlookers the most. Thanks to WeChat, Chinese consumers can navigate their day without once spending banknotes or pulling out plastic. It is the...

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16 Aug Opening of the Chinese Asset Management Market

China Securities Regulatory Commission (“CSRC”) issued a statement supporting the development to allow foreign private asset managers to apply for registration with Asset Management Association of China (“AMAC”) to provide these services through a wholly foreign owned enterprise (“WFOE”) and with no cross-border elements....

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