Saturday, November 28, 2020

Monthly Archives: October, 2017

Beijing Commits to Opening and Reform of Banking Sector

The China Banking Regulatory Commission has said it will deepen and advance the opening and reform of China's banking sector in the "new era"...

Provincial GDP Data Shows Guangdong Accounts for Over 10% of Economic Output

21 of China's 33 province-level administrative entities have released GDP data for the third quarter of 2017, pointing to the predominant role of southern...

State-owned Enterprise Profits Up 47.6% for January-September

Chinese enterprises above designated size and state-owned enterprises have posted robust year-on-year profit growth for the first nine months of 2017. According to the latest...

Southern China Needs Fintech Sandbox: Former Chief Banking Regulator

The former head of China's banking authority is calling for the establishment of a Fintech regulatory "sandbox" in the economic powerhouse of the Pearl...

China’s State Media Invokes Adam Smith and Ancient Philosophy in Defence of Free Trade

In the immediate wake of the 19th National Chinese Communist Party Congress, China's state media has said that a more open economy will be...

Has China Been Unfairly Penalised by Ratings Agencies for High Leverage?

Global policy analyst Dan Steinbock says that the ratings agencies are meting out unfair treatment to China for its current debt levels, while mistakenly...

Opposition to Speculation at the Core of Property Control Policies: Central Bank

The flagship news publication of China's central bank says the prevention of speculative investment and ensuring that homes are used for owner-occupancy will remain...

Chinese Investment Banks Hard Hit by Deregulation and Deleveraging

Deleveraging and deregulation are hampering the performance of Chinese investment banks by undermining revenue from the onshore bond market and brokerage fees. China's share of...

Mixed-ownership Reform of Local State-owned Enterprises Set to Accelerate in 2018

A total of 32 regional listed state-owned enterprises have been suspended from trading as the China makes preparations for accelerated mixed-ownership reforms of government...

Beijing Hails Success of Deleveraging Campaign at 19th National CCP Congress

Despite the downgrading of China's sovereign credit rating earlier this year by Moody's and S&P, political leaders have hailed the success of the country's...

Most Read

Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.