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Monthly Archives: February, 2018

Central Bank Suspends Open Market Operations for Tenth Consecutive Day

The People's Bank of China refrained from open  market operations for the tenth consecutive trading session on Wednesday 7 February. The Chinese central bank's want...

Are Rumours of a Squeeze on Real Estate Loans Overstated?

Rumours have recently circulated in the Chinese media that many banks are suspending their provision of property development or real-estate related credit. Chinese media reports...

China’s Banking Regulator Issued Record Number of Fines in 2017

China's banking authority issued a record volume of fines in 2017, as newly appointed chair Guo Shuqing launched a crackdown on lenders amidst Beijing's...

New Lending Expected to Bounce Back to 2.5 Trillion Yuan in January

Chinese analysts anticipate a bounce back in new lending to as much as 2.5 trillion yuan for the first month of 2018. A survey of...

Shenzhen’s GDP Outstrips Hong Kong and Singapore’s

The latest official data indicates that the GDP of the southern Chinese manufacturing hub of Shenzhen ranks third amongst major Chinese cities. The latest official...

Remove Revolving Door Between Financial Institutions and Regulators: People’s Daily

The flagship news publication of the Chinese Communist Party has published an editorial calling for the dismantling of the "revolving door" between financial institutions...

Financing Costs for Chinese Companies Hits 7.6%, Over 10% for Small Businesses

A new study points to exorbitant financing costs for actors in China's real economy. The China Social Financing Cost Index (中国社会融资成本指数) prepared by Tsinghua University...

China Flags Ban on Domestic and Overseas Cryptocurrency Trading Platforms

The central bank's official news publication reports that China plans to further step up its crackdown on the cryptocurrency market with bans on both...

Central Bank Says It Will Cement Hong Kong’s Position as RMB Hub

People's Bank of China vice-governor Fan Yifei (范一飞) said that the central bank will help Hong Kong to further consolidate its position as a hub...

The Financial System Suffers from Severe Distortions: Lou Jiwei

One of China's senior-most economic policymakers says that the country's financial system suffers from severe distortions due to the emergence of a "bewildering" range...

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