Identifying high-risk clients and targeting products at the right level are major problems faced by financial inclusion professionals around the world, experts said at an industry forum.
Despite their inherently limited lending scales, microcredit companies are playing an important role in China's financial inclusion industry, analysts said.
Low financial capability has left some Chinese customers vulnerable to financial crime, while leaving others less able to access financial services, according to experts, who said the key to boosting financial inclusion lies in customer education.
Come next week/year, a decadesold marine trade practice in China will draw to a close.
China plans to gather more resources to compete with South Korea in the field of building liquefied natural gas or LNG carriers, industry insiders said.
As the year draws to a close, I am reminded of what I did earlier this year. I bought a book on the history of China's naval arsenal by one of my acquaintances, a writer knowledgeable about the subject. The book reveals how old were the ships and submarines of the People's Liberation Army Navy 10 years ago.
China UnionPay, a Chinese bank card organization, is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI, in addition to facilitating fast growing personnel exchanges between China and the rest of the world.
LONDON - China, a key player in international investment and trade, has diversified its economic approach to emerging economies across Africa, South America and Asia, global economist Dambisa Moyo said.
Value Retail PLC, the operator of designer outlet precincts such as Bicester Village in Oxfordshire and La Vallee Village in Paris, believes China's growing number of middle-income earners and booming trend of tourism-plus-shopping will drive the group's robust growth in the country.
Leading international energy and commodity trading company, Geneva-based Mercuria Energy Group, has helped to bring the aesthetics of music to audiences in China and viewed music as a bridge between the group and the country by sponsoring the Beijing Music Festival in the past 12 years.
CAIRO - The offices of OneMena in Cairo, the capital of Egypt, look like a beehive.
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Raymond Zhou
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