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Monthly Archives: February, 2018

Chinese Retail Sales on Track to Match America’s in 2018

A new report indicates that retail sales in China are likely to match or even exceed those of the United States in 2018, in...

Chinese Banks Expected to Lend More to Advanced Manufacturing, Financial Inclusion

Chinese banks are expected to channel more funds to the advanced manufacturing sector, micro-enterprises and financial inclusion areas, as regulators tighten curbs on real...

Home Lending Expected to Tighten Further in Major Cities Around China

Bank lending for home purchases is expected to tighten further in major cities around China as the central government continues to push for strong...

State Media Complains About US Blacklisting of Chinese Tech Firms

China's state-owned media has voiced its grievances about the increasingly aggressive protectionist stance adopted by the US Trump administration. An editorial published by China's official...

State Council Stresses Debt-equity Swaps for Slashing Corporate Leverage

China's State Council has reiterated its commitment to the use of debt-equity swaps as a key tool for reducing high levels of corporate leverage,...

China’s Foreign Reserves Rise for 12th Consecutive Month in January

The latest official data points to an increase in the size of China's foreign reserves for the 12th consecutive month in January. Data released by...

Growth in Wealth Management Products Plunges to 1.69%

Growth in the value of the wealth management products sold by Chinese banks has posted a precipitous decline following the central government's launch of...

China Will Increase “Freedom and Convenience” of Cross-border Investment: SAFE

China's State Administration of Foreign Exchange said that it will make further increasing the level of "freedom and convenience" of cross-border investment and trade...

China Construction Bank Incurs Fine for Lax Laundering Controls

One of China's big four state-owned banks has received a multi-million dollar fine in South Africa for failure to implement sufficient measures for the...

Risk Ranks Second on Chinese Central Bank’s Nine Key Missions for 2018

The People's Bank of China has outlined a total of nine key missions for 2018, with the "prevention and dissolution of financial risk" taking...

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