The People’s Bank of China (PBOC), the central bank, has upgraded the fifth edition of the renminbi (RMB), the Chinese currency.
The fall in China’s new bank loans was caused by seasonal factors, analysts said.
China plans to stamp out all remaining cryptocurrency trading in the country.
Beijing’s decision to shut down bitcoin trading platforms has left investors scrambling.
China raises the exchange rate for the yuan against the US dollar for the 10th session, pushing it to its highest level in 16 months.
Government-owned companies to be registered as limited-liability or joint-stock by yearend.
A drive by China’s big technology companies to develop credit scoring platforms is facing growing opposition from regulators.