Tuesday, December 1, 2020

Monthly Archives: March, 2018

Risky Borrowers Elude Deleveraging Campaign Via Offshore Bond Market

China's high-yield borrowers are dodging Beijing's ongoing deleveraging campaign by turning to the offshore bond market for funds. While China's ongoing deleveraging campaign and efforts...

21 Trillion Yuan Ceiling on Chinese Local Government Debt Set for 2018

China's Ministry of Finance has set a debt ceiling for local governments in 2018, as part of efforts to deleverage the economy and contain...

Liu He Flags Future Regulatory Thrust at First Meeting with Financial Authorities

Chinese vice premier Liu He (刘鹤) has stressed the urgent need for greater risk prevention and improved administrative coordination at his first meeting with financial...

Total Profits of Chinese Enterprises Above Designated Size Up 16.1% for Jan-Feb

The profits of Chinese enterprises above designated size posted a year-on-year gain of 16.1% for the first two months for 2018. Data from the National...

Guo Shuqing’s Appointment to Multiple Posts Heralds “Chinese-style Financial Regulation”

Observers say the appointment of Guo Shuqing to two of the top positions in China's revamped financial system marks the the emergence of a...

Newly Formed Banking and Insurance Regulator Says It Benefits One Belt One Road

A senior Chinese official says the merger of China's banking and insurance regulators will help to expedite financing and investment for Beijing's much-vaunted One...

PBOC Puts Interest Rate Pricing at Centre of Monetary Policy

Changes in the economy and financial sector have prompted the People's Bank of China to shift from quantitative money supply indicators to interest rate...

“China and the US Will Account for 90% of Breakthrough Artificial Intelligence Firms”

American venture capitalist Jim Breyer expects the vast majority of "breakthrough" artificial intelligence firms to emerge from either China or the United States over...

China’s Home Loan Rates Seen Rising Further After Tapping 40% Above Benchmark

Chinese home loan rates are expected to rise further as authorities endeavour to keep urban real estate markets in check. First home loan rates in...

Crude Oil Futures Make Their Debut in China

Crude oil futures made their Chinese debut on 26 March via trading on the Shanghai Futures Exchange. Regulators hope that the introduction of crude oil...

Most Read

Chinese Banks to See 7% Profit Drop in 2020, NPL Ratio Set to Rise to 2%: Bank of China Report

A report from one of China's big state-owned banks foresees a sizeable drop in the profits of the Chinese banking sector as...

Qualified Domestic Institutional Investor Funds Post Bumper Performance in 2020

Qualified domestic institutional investor (QDII) funds in China have seen impressive gains in 2020 despite the global economic impacts of the COVID-19...

Microwave Giant Galanz Sues Guangdong Xinbao Following Industrial Espionage Allegations

A legal dispute has broken out between two leading home appliance makers in Guangdong province following accusations of industrial espionage involving a...

Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...