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Monthly Archives: April, 2017

SOAS Expert Warns of Brewing Chinese Bank Crisis

A lecturer from London's School of Oriental and Asian Studies warns of China's heightened susceptibility to a banking crisis. Damien Tobin, a Lecturer in Chinese Business and Management at...

Non-cash Transactions Surge in China’s Payment Sector

A new report issued by the Payment & Clearing Association of China indicates that non-cash payments are witnessing flourishing growth in the Middle Kingdom. According to the "The...

New Disclosure Rules Prompt Bank to Withdraw from ETF’s

The introduction of new disclosure requirements by China's securities regulator has prompted a mini-exodus of capital "outsourced" by banks to ETF's. China's ETF's have released their first...

Foreign Fiscal, Monetary Policy Puts China’s Financial Security at Risk: Xi Jinping

The Chinese president has pointed to the fiscal and monetary policies of other nations as potential sources of risk for China's finance sector. State media reports...

China Fintech Body Unveils Platform to Bridge Online Lenders with Depository Banks

China's peak fintech industry group plans to establish a new platform to facilitate interaction and cooperation between online lenders and depository banks, as part of...

Fintech to Push Consumer Finance Market to Over $1.74tn by 2020

Rising domestic consumption and a fintech boom are expected to drive an expansion in China's consumer finance market to over 12 trillion yuan (approx. $1.74 trillion) by the end...

Authorities Sound Alarm Over Illegal Fundraising

Chinese authorities are planning a crackdown on illegal fundraising due to concerns over its increasing sophistication and spread from coastal regions into China's interior. The latest...

China’s Politburo Flags Continued Focus on Supply Side Reforms

The Chinese Politburo has indicated that supply side reforms will remain a key focal point of economic policy on the road ahead. The most recent meeting of...

China’s Central Bank Balance Contracts as Interbank Rates Surge

The balance sheet of China's central bank has contracted, spurring a surge in interbank deposit rates has put many commercial lenders in a tight spot. The latest "Monetary Authority...

NPL’s Stabilise as Capital Outflow Pressure Diminishes: PBOC

The vice-governor of China's central bank has said that non-performing loans have stabilised while capital outflows are on the wane as the country's economic growth retains momentum. "Following...

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