Beijing Summons Officials from Chinese Cities Posting Rapid Home Price Growth
The Chinese central government has summoned senior officials from cities around the country to reiterate the importance…
Chinese Hackers Arrested for Stealing Nearly $87 Million in Cryptocurrencies
A trio of hackers in China have been arrested by police for stealing as much as 600…
China’s Shadow Banking Contraction Expected by Moody’s to Moderate
A contraction in Chinese shadow banking activity is on track to ease in the second half as…
Offshore Financial Institutions Distribute Chinese Local Government Bonds for the First Time
Financial institutions outside mainland China have been allowed to directly participate in the sale of Chinese local…
Clean up of China’s “Zombie Enterprises” Leads to Surging Bankruptcies
China has seen an ongoing rise in bankruptcies as Beijing steps up efforts to reform the state-owned…
Domestic Analysts Skeptical about CBIRC’s Push for Chinese Banks to Support Real Economy
The China Banking and Insurance Regulatory Commission (CBIRC) has called for the country’s banks to step up…
Beijing Calls for Distressed Asset Managers to Rescue Peer-to-peer Lending Platforms
China’s’ banking regulator has called for the country’s four managers of distressed bank assets to help bail…
Bank of China Leads Chinese Banks in Blockchain Patents with 11 Applications
Bank of China (BOC) has emerged as the leader amongst Chinese banks in terms of blockchain patent…
Bank of China Will Explore Big Data and Blockchains with China UnionPay
One of China’s big four state-owned banks is teaming up with the country’s interbank network to further…
China Cuts Coal Output by 80 Million Tonnes since Start of 2018
The Chinese government says that overcapacity in the coal and steel sectors has been significantly curb since…
