Monday, January 25, 2021

China - Two-way opening-up of financial market will be bolstered / Banks, insurers encouraged to back fintech

China's foreign exchange regulator highlighted specific measures on Jan 22 to further promote two-way opening-up of the financial market, mainly through steadily freeing up cross-border capital flows and improving the renminbi exchange rate regime.

China's top banking and insurance regulator said on Jan 22 that it will encourage banking and insurance institutions to cooperate with internet-based platforms, including those companies that have been summoned for meetings with financial regulators, in accordance with the laws and regulations.

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New Zealand: Tourism boost with visa-free travel for Chinese visitors via Australia

Tourism, New Zealand’s second-largest export, is set to benefit from more visitors per year with Chinese visitors now able to travel visa-fr...