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Monthly Archives: November, 2017

Beijing Hopes to Unveil National Balance Sheet System Prior to 2018

Beijing is accelerating plans to launch a "national accounts" (国家账本) system that will provide an official tally of the country's assets and liabilities. Earlier this...

Bank Profit Margins Could Buckle As Shadow Banking Crackdown Continues: Fitch

Tighter regulations will put pressure on bank profit margins and credit growth next year according to a new report from Fitch Ratings. Fitch sees Chinese...

Faltering Bond Market Puts Greater Pressure on Chinese Policy Banks

An ailing Chinese bond market could drive the profits of Beijing's massive policy banks into negative territory. China's bond market has been in free fall...

Central Bank Advisor Defends China’s Forex Management After Congressional Attack

A senior advisor to the People's Bank of China has defended its forex management practices following heavy censure from a member of the Chinese...

People’s Bank of China Calls for Greater Fintech Reform

One of the Chinese central bank's top officials has called for greater Fintech reforms and accelerated integration of finance with technology. During the keynote address...

7 Private Banks Garner Approval in Six Months Despite Strict Entry Requirements

The number of private banks approved for business in China has nearly doubled over the past six months, yet industry insiders expect regulators to...

Beijing Set to Unleash Joint Property Rights Housing Supply

Beijing municipality is intent upon dramatically expanding the supply of joint property rights housing over the upcoming year, as part of efforts address an...

China Will Set GDP Growth Target at 6.5% in 2018: Goldman Sachs

China is expected to retain the use of annual GDP growth targets next year and set it at around 6.5%, according to a new...

China’s Economy Will be Twice the Size of America’s By 2030: David Li Daokui

One of China's leading economists sees the country's per capita GDP rising to 70% of that of the United States by mid-century, as long...

Regulators Set to Step Up Crackdown on Internet Micro-lending

Chinese financial regulators have given signs that they will further intensify their crackdown on the online micro-lending sector, just after calling for the immediate...

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