Saturday, November 28, 2020

Monthly Archives: April, 2018

ABS Regulations Pave Way for 4 Trillion Yuan REIT Market

A new government notice pushing for the securitisation of residential rental property assets is expected to give impetus to a potential market of 4...

China’s New Asset Management Rules Tackle Moral Hazard of Implicit Guarantees

New asset management regulations promise to shake up China's financial sector by targeting the implicit guarantees and associated moral hazard of popular investment vehicles...

CBIRC Opens China’s Government Bond Market to Foreign Banks

China's banking and insurance regulator has announced that foreign banks will be permitted to underwrite government bonds amidst an ongoing drive to further open...

State-owned Enterprises Post 16.7% YoY Rise in Total Profits for First Quarter

The latest official data from the Ministry of Finance points to accelerating profit growth at China's state-owned enterprises in the first quarter of 2018. Figures...

China’s Digital Economy Now World’s Second Largest, Accounts for Third of GDP

A new report indicates that roaring growth in China's digital economy has made it the second largest in the world, accounting for nearly a...

China’s Audit Office Considers Blockchain for National Data Management

China's National Audit Office has revealed a proposal for the use of blockchains to improve data management procedures. NAO is responsible for the auditing of...

MOFCOM Delves into Government Debt with New Accounting Standards

China's Ministry of Finance (MOFCOM) is preparing new set of accounting standards in a bid to get to the bottom of debt borne by...

State Council Says New Tax Reforms Will Save Chinese Businesses 60bn Yuan

The State Council has launched seven new tax reduction measures as part of efforts to foster the development of innovative tech companies and small...

PBOC Warns Payments Giants They’re Not Too Big for Regulation

The Chinese central bank has issued a stern warning to the country's payments giants against using their exorbitant scale to flout government regulations in...

Free China’s Tech Sector of Foreign “Chokeholds”: People’s Daily

The flagship newspaper of the Chinese Communist Party has called for China's tech sector to reduce its dependence upon imported technology amidst escalating trade...

Most Read

Bank of Chengdu Launches New “Cloud Converted” Data Centre, Provides AI Customer Service in Sichuanese Dialect

Sichuanese province lender Bank of Chengdu has announced the launch of a new "cloud converted" data centre."

Bank of Communications Completes First Offshore Issuance of Perpetual Bond by a Chinese Bank

Big state-owned lender Bank of Communications (BOCOM) has become the first Chinese bank to issue perpetual bonds offshore.

Liu He Sheds Light on China’s Dual Circulation Development Strategy

One of China's senior-most economic policymakers has written an essay for the People's Daily that sheds light on the goals and priorities...

International Forecasters Upbeat on Chinese GDP Growth in 2020, 2021

Leading international forecasters anticipate comparatively robust growth for the Chinese economy in 2020 amidst the impacts of the COVID-19 pandemic.