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Monthly Archives: March, 2018

Sino-US Trade Tensions Could Trigger “Immediate” Economic Crisis: Nobel Laureate Economist

Nobel Prize-winning economist Robert Shiller said that heightened trade tensions between China and the US could spark economic crisis by adversely affecting key links...

New PBOC Governor Highlights Three Key Missions in First Public Speech

The Chinese central bank's new governor has highlighted three key work missions for the outset of his tenure in the first public speech delivered...

Guo Shuqing Picked as Communist Party Secretary for China’s Central Bank

Guo Shuqing, the incumbent head of the China Banking Regulatory Commission, has been chosen to serve in the new role of Communist Party secretary...

New PBOC Governor Will Focus on China’s Domestic Economy When Setting Rates: State Media

One of China's leading state-owned financial publications says recently appointed central bank governor Yi Gang will focus on the domestic economy when adjusting interest...

Banking Regulator Makes First Reference to Curbing China’s Household Leverage

The head of the China Banking Regulatory Commission has signalled a shift in the focus of ongoing deleveraging efforts, making reference to the need...

Chinese Depository Receipts Will Drive Capital Market Maturation: Xinhua

An opinion piece published by the state-owned Xinhua News Agency says that Chinese depository receipts will accelerate the maturation of China's capital market, and...

PBOC Raises 7-Day Repo Bid Rate 5BP Following Fed Rate Hike

The Chinese central bank has raised its 7-day repo bid rate five basis points in the wake of the US Federal Reserve's widely anticipated...

China to Establish Reporting System for Improper Conduct in Banking Sector

The China Banking Regulatory Commission is calling for lenders to establish internal systems for the reporting of improper conduct on the part of their...

PBOC Paves the Way for Paypal to Enter Chinese Market

China's central bank is dialling back restrictions and licensing requirements that prevent overseas payment companies such as Paypal from entering the Chinese market. On 21...

CBRC Chief Guo Shuqing Set to Head Merged Banking, Insurance Authority: Caixin

Guo Shuqing, chief of the China Banking Regulatory Commission, is set to head the newly formed joint banking and insurance authority according to a...

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