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Monthly Archives: August, 2017

China’s Zombie State-owned Enterprises Benefit from Surge in Debt-Equity Swaps

Despite warnings from the central government China's zombie companies have emerged as key beneficiaries of the debt-equity swaps used to slash leverage levels across...

Central State-owned Enterprises Set to Fall to 99 Following China Poly Group Merger

The number of China's central state-owned enterprises will further contract following approval of a merger between China Poly Group, Sinolight Corporation and China National Arts...

NDRC Has Approved $33 Billion in Corporate Special Bonds Since 2015

China's National Development and Reform Commission has revealed that it has green lighted the issuance of 220 billion yuan (approx. USD$33 billion) in corporate...

Chinese Banking Sector Leverage Declines for the First Time This Decade

Leverage in the Chinese banking sector has declined for the first time since the start of 2010, following concerted efforts by financial regulators to...

JD.com Founder Richard Liu Says AI Could Soon Make True Communism a Reality

The founder of one of China's leading e-commerce platforms has said that rapid advances in the field of artificial intelligence could soon make the...

Regulatory Crackdown Contains Non-performing Loans, Gives Boost to First Half Bank Earnings

Far-reaching efforts by regulators to bolster the health of China's banking system will likely lead to stable earnings for the first half of 2017. Writing...

Central Bank’s Top Economist Says Xiong’an Needs $150bn in Green Finance

The chief economist for the People's Bank of China says that Xiong'an New Area situated 100 kilometres southwest of Beijing will require nearly 1...

State Media Says Regulatory Crackdown Bringing Shadow Banking to Heel

China's state media is touting the initial successes of ongoing efforts by regulators to clean up the country's finance sector and prevent systemic risk. An...

Chinese Entrepreneurs View Real Estate Bubble As Biggest Threat to Economy

A new survey of Chinese entrepreneurs points to a sustained rise in confidence, yet acute concern over the economic threat posed by China's real...

Maturation of 600bn Yuan in Special Treasury Bonds Puts Chinese Monetary Policy to the Test

The maturation of 600 billion yuan (USD$89.9 billion) in special treasury bonds by the end of August could have a significant impact upon Chinese...

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