The editor of one of China’s most influential economics publications has called for financial regulators to exercise heightened caution during their deleveraging efforts in order to avoid a credit crunch.
The latest official PMI data coming out of China indicates that demand in May held steady with April.
China’s banking regulator will require that the country’s biggest lenders establish financial inclusion departments before the end of the year, as part of ongoing efforts by authorities to more effectively channel capital towards the real economy.
One the Chinese central bank’s senior-most officials says that many of the country’s small and medium-sized lenders are over leveraged and suffer from an excessive reliance upon wholesale borrowing. Continue reading “Smaller Banks Overleveraged, Excessively Reliant on Wholesale Borrowing: PBOC”
China’s domestic A shares are expected to join MSCI’s global emerging markets index for the first time this year, with adjustments to the annual benchmark scheduled for announcement by the New York company on June 20.
China’s Ministry of Housing Resources and Social Services has just released its latest set of data on pensions and other forms of social welfare.
The People’s Bank of China has called for the opening up of the corporate credit ratings market in order provide a sounder basis for assessing the risk of Chinese enterprises.
One of China’s leading economists has weighted in on both the necessity of the country’s current deleveraging efforts as well as the onerous challenges involve.
China’s IT workers enjoy the country’s highest average levels of remuneration as of 2016, beating out finance sector professionals.
Chinese industrial profits saw robust growth for the first four months of 2017, with enterprise productivity indices also posting improvements.