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Monthly Archives: June, 2018

Chinese Internet Companies See Revenues Surge 24.9% in Jan-April

Chinese internet firms have seen a sizeable acceleration in revenue growth for the first four months of 2018, with online gaming and e-commerce performing...

Beijing Steps up Scrutiny of Deposit Levels and Canvassing by Chinese Banks

China's top financial authorities have issued a new circular that seeks to tackle the use of "illicit means" by banks to falsely inflate their...

Chinese CPI Rises 1.8% in May

Official data indicates that China's consumer price index (CPI) saw year-on-year growth of 1.8% in the month of May. Data from the National Bureau of...

China Becomes World’s Second Biggest Destination for Foreign Capital Flows

A new report indicates that China was the world's second biggest destination for foreign capital in-flows and the third biggest outbound foreign investor in...

China’s Foreign Reserves Post Second Consecutive Month of Decline in May

China's foreign reserves saw a modest drop in May for the second consecutive month of decline. Data released by the Chinese central bank on 7...

PBOC Shifts from Short to Long-term Instruments to Improve Financial Inclusion

Analyst say the Chinese central bank's recent open market operations mark a shift towards the increased use of longer term instruments as part of...

Over 90% of China’s Poorer Villages to Enjoy Broadband Internet Access by 2019

The Chinese central government says it has invested over 40 billion yuan to bring broadband internet access to the country's most disadvantaged rural communities. The...

Beijing Steps up China’s Smart Manufacturing Ambitions

The Ministry of Industry and Information Technology (MIIT) is preparing a slew of new policies to drive the development and upgrade of smart manufacturing...

Chinese Banks Top List of World’s Biggest Companies

Chinese banks have once again taken the top two spots on Forbes' latest list of the world's largest public concerns. The 16th annual Forbes Global 2000...

CBIRC Curbs Excessive Borrowing by Corporations from Chinese Banks

The Chinese banking regulator has introduced new measures to curb excessive lending by multiple banks to the same corporate client, as Beijing continues to...

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