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Monthly Archives: January, 2018

Central Bank Shores Up Cross-border RMB Settlement for Foreign Investors

The People's Bank of China has expanded support for cross-border settlement in the renminbi as part of efforts to facilitate overseas investment and trade. On...

CBRC Releases Draft Rules for Capping Exposure of Commercial Banks

The China Banking Regulatory Commission has unveiled a new set of draft regulations that will curb the large-scale exposures of commercial banks, as part...

Central Bank Refrains from Open Market Operations for 10th Consecutive Day

The People's Bank of China refrained from engaging in open market operations for the 10th consecutive working day on Friday on the grounds that...

Chinese Cities Post 18% YoY Decline in Home Transaction Floorspace for 2017

The Chinese government's launch of real-estate control policies in March has led to sizeable year-on-year plunges in urban home transaction volumes for 2017. According to...

Beijing Cracks Down on Leveraged, Under-the-Table Bond Trades

China's financial regulators have introduced new rules that seek to contain leveraged  and under-the-table bond trading. The new regulations jointly issued by the People's Bank...

JP MorganChase Lifts GDP Forecast for China in 2018

A slew of leading financial institutions expect Chinese GDP growth to accelerate in 2018 on the back of robust consumption and rising capital investment...

Pakistan’s Central Bank Dumps US Dollar for Trade and Investment with China

Pakistan has opted to switch from the US dollar to the renminbi when conducting trade and investment with China, just after President Donald Trump...

China’s Deleveraging Campaign Sets Its Sights on Bond Trading

The Chinese central government is introducing new rules to tighten trading on the bond market as part of its ongoing deleveraging campaign, according to...

Think Tank Warns of Impending Chinese Pension Dilemma

A new report from one of the China's leading think tanks warns that the country's pension system could soon run aground due to demographic...

Tencent Grabs License for Third-Party Fund Sales

Chinese Internet giant Tencent has improved its Fintech chops with the acquisition of a license to conduct third-party fund sales by one of its...

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