Thursday, July 29, 2021

Monthly Archives: May, 2017

Central SOE’s Post Flourishing Profit Growth

China's centrally run state-owned enterprises have posted solid performance results for the first third of 2017 according to the latest data from the State-owned...

Over a Dozen Chinese Banks Leap On Board SWIFT Global Payments Initiative

A slew of Chinese banks have opted to join a global initiative for quicker and more transparent cross-border payments launched by international payments organisation SWIFT in...

CCP Eases Restrictions on Foreign Investment

China's highest political authority has flagged a loosening of restrictions on foreign investment. A recent meeting of the Central Committee of the Chinese Communist Party has approved...

Has India Overtaken China in Demographic Terms?

A demographic researcher from the University of Wisconsin-Madison claims that China may no longer be the world's most populous nation-state, after the government grossly...

Ministry of Commerce Says China Won’t Engage in Currency War with America

China's Ministry of Commerce released its latest "Research Report on Sino-US Trade Relations" on May 25 2017, asserting that Chinese policymakers will refrain from engaging in...

China Disputes Moody’s Downgrading of Sovereign Credit Rating

China's Ministry of Finance has has disputed the recent downgrade of its sovereign credit rating by Moody's, claiming that the agency made its decision based on "inappropriate...

Chinese Lenders Withdraw from Shadow Banking as Capital Costs Invert

As interbank funding costs rise above the reference rate for bank loans, Chinese lenders are dialling down their shadow banking activities and refocusing on conventional, on-balance sheet deposit operations. The...

Top Banking Regulator Under Investigation for Corruption

One of the senior-most figures in China's Banking Regulatory Commission is under investigation for his involvement with a Bank of Communications corruption scandal. On 23 May...

SHIBOR Rises Above Loan Prime Rate As Real Economy Deleveraging Lags

The one-year Shibor rate has risen above the interbank one year loan prime rate, and is now closing in on the PBOC one year benchmark rate. On...

Caixin Editor Calls for One Belt One Road to Spur China’s Economic Openness

The editor-in-chief of one of China's most influential business media outlets has called for the country to use the One Belt One Road as an...

Most Read

Ministry of Industry and Information Technology Launches Six Month Crackdown on China’s Internet Sector

The Chinese central government has launched a far-reaching six month crackdown on China's massive online economy, in the wake of aggressive action...

China’s Smaller Banks Achieve Breakthroughs in Fintech Adoption: KPMG

Research from international consultancy KPMG highlights rapid growth in the adoption of fintech by Chinese banks at the smaller end of the...

China’s Cloud Computing Market Grew over 56% in 2020: CAICT White Paper

A new white paper on China's cloud computing sector from one of the country's leading science and technology think tanks indicates that...

Bank of Communications Grabs Approval for $9.22 Billion Tier-2 Capital Bond Issue

One of China's big state-owned banks had cinched approval for a new issue of bonds to shore up its capital levels.