Saturday, November 28, 2020

Monthly Archives: December, 2017

China Makes Clean Energy Vehicles Exempt from Purchase Tax for Three More Years

The Chinese central government has announced that it will make clean energy vehicles exempt from vehicle purchase taxes for three additional years starting in...

Central Bank Bans Use of Barcodes by Payments Sector for Securities Business

The Chinese central bank is cracking down on the use of barcode technology technology by payments companies to covertly engage in other forms of...

PBOC Refrains from Open Market Operations for 4th Successive Trading Session

The Chinese central bank has refrained from engaging in open market operations for the fourth successive trading session on Wednesday, pointing to adequate levels...

Central Bank Pushes for Standardisation of China’s Green Bonds Market

The Chinese central bank is driving the expansion of the green bonds market via measures designed to improve the ratings and verification system. The People's...

Beijing New Home Transactions Set to Drop to Record Low in 2017

Housing transactions have fallen to a record low in the Chinese capital following the introduction of strict real estate market controls in March of...

Local Government Bond Issuance Falls Short of 7 Trillion Yuan Forecast for 2017

China's local governments have issued far fewer bonds in 2017 than previously forecast. The latest data from Wind Information indicates that as of 25 December...

Guangzhou’s Population Could Exceed 20 Million by 2040

The Guangdong province capital of Guangzhou could see its permanent population rise to more than 20 million in a little over two decades' time,...

PBOC Director Opposes Benchmark Deposit Rate Hikes

One of the Chinese central bank's senior-most officials and a sitting member of the National People's Congress has expressed his opposition to hikes in...

Housing Prices Need to Decline for China to Successfully Deleverage: Everbright Securities

The global chief economist of Everbright Securities says that China needs to bring down its housing prices if it hopes to effectively deleverage its...

Huawei Sales Exec Detained Over Bribery Allegations

A senior sales executive from the world's biggest telecommunications equipment manufacturer has been placed under investigation by the Chinese authorities for bribery. Huawei has confirmed...

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.