For example, the operations taking place on the back of our daily payments and settlements via credit cards, debit cards, or deposit accounts, can be regarded as data processing. Banks provide financial intermediation services through making complicated decisions and assessments on borrowers, interest rates, and assets for investments, by collecting and analyzing various types of data.
Recently, the renminbi has moved in a more predictable fashion and Chinese capital outflows have abated. However, it is widely acknowledged that China faces considerable challenges as it continues to rebalance its economy toward domestic demand and consumption.