China Business Now

China Business Now

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China Business Now episodes

  • CBN丨China’s top financial regulator stresses tighter insurance supervision

    Four days after its inauguration, China's National Administration of Financial Regulation (NAFR) announced a previously held meeting, stressing supervision over the insurance industry, especially over insurers' solvency, should be further strengthened to firmly safeguard the bottom line of preventing systemic financial risks.

     

    https://m.21jingji.com/article/20230523/herald/77c1c93254b5e0190b8ae7cf081f4093.html

    11 min
  • CBN丨HKEX to launch dual counter model in June, driving yuan internationalization

    Hong Kong Exchanges and Clearing (HKEX) announced that it will launch the dual counter model and market making system in its securities market on June 19, wherein investors would be able to begin interchanging securities listed in both Hong Kong dollar and renminbi counters. Securities on both counters will be of the same class and can be transferred without any change of beneficial ownership.

     

    https://m.21jingji.com/article/20230522/herald/c05042fbf65b057ee6a807e1494a4943.html

    10 min
  • CBN Friday Special丨“AI Stefanie Sun” takes social media by a storm, unnervingly good but likely ille

    A search for “AI孙燕姿” (“AI Stefanie Sun”) yields hundreds of videos on Bilibili uploaded within the last month. The most popular ones have amassed over one million views. WeChat Index, which tracks keywords across the super app’s social and content ecosystem, shows that the term’s trending score skyrocketed to 50,000 on May 5 from zero just two days before.

    TikTok and YouTube are now flooded with music by AI clones, including covers of “Get Lucky,” by AI Michael Jackson, “Party in the U.S.A.,” by AI Ariana Grande, “Song 2,” by AI Kurt Cobain, and “Kill Bill,” by AI Rihanna. 

    AI singers seemed to spring up, almost overnight. How did they come along suddenly?

     

    https://m.21jingji.com/article/20230519/herald/91f3b7b2e4ae7c9ba3f37de6a581e941.html

    14 min
  • CBN丨China inaugurates National Financial Regulatory Administration

    China’s National Financial Regulatory Administration (NFRA) was inaugurated  on Thursday in Beijing, taking the place of the China Banking and Insurance Regulatory Commission(CBIRC) after five years in operation, an important step for China’s new round of institutional reform in the field of financial supervision.

     

    https://m.21jingji.com/article/20230518/herald/6e5de38c959f3e263e5dcb6a934d15e7.html

    10 min
  • CBN丨China continued steady economic recovery in April

    China's economic recovery gained pace in April, newly released official data showed on Tuesday, as domestic consumption has kept surging in the first four months of the year, while industrial production and fixed asset investment are both rising.

     

    https://m.21jingji.com/article/20230516/herald/b1eb9d5ae688c33aa2efa061c57ed4fb.html

    11 min
  • CBN丨Swap Connect northbound trading begins

    A much-expected program to allow mutual access to interest rate swap markets between the Hong Kong Special Administrative Region (HKSAR) and the Chinese mainland started on May 15, marking a milestone in the opening-up of the mainland’s bond and interbank financial derivatives markets.

     

    https://m.21jingji.com/article/20230515/herald/c9c6f8dc8b3ab01101e01da445d28719.html

    12 min

About China Business Now

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Welcome to China Business Now, a 3-minute digest of what happened in China’s business sector, presented by 21st Century Business Herald.