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Monthly Archives: August, 2018

China Accelerates Establishment of Immovable Property Registration Network

The Chinese central government has called for provincial authorities to accelerate the establishment of an immovable property registration system, as part of preparations for...

Cancellation of One Child Policy Fails to Halt China’s Slowing Birth Rates

The latest data from China's local statistical authorities points to ongoing declines in birthrates despite the recent cancellation of the country's long-standing one child...

Beijing Rent Spikes as New Tertiary Graduates Throng the Housing Market

A sudden spike in rental levels in Beijing has compelled the municipal authorities to crack down on home accommodation providers. Within the space of a...

Baidu Ventures Invests in Seed Round for San Francisco Blockchain Project Atlas Protocol

Baidu Ventures is one of several Chinese tech firm that have participated in the seed round for a multi-million dollar investment in San Francisco-based...

Bank of Communications Seeks to Take the Lead in Fintech

One of China's big four state-owned banks has touted its efforts to seize and maintain a leading position in the country's fintech sector at...

PBOC Pumps $22bn into Chinese Banking System via Medium-term Lending Facilities

The Chinese central bank has pumped 149 billion yuan (approx. $22 billion) into the banking system via medium-term lending facilities (MLF) as part of efforts...

Beijing Rescinds Caps on Foreign Ownership of Chinese Banks

The Chinese central government has removed restrictions on foreign investment in domestic banks and managers of non-performing debt, despite escalating trade tensions with the...

China’s Peak Online Finance Body Demands Reports on P2P Activities of Members

China's peak body for internet finance has launched a new campaign to deal with the worsening state of the country's P2P sector. On 22 August...

Cut in Risk Weighting of Local Government Bonds Could Unleash 3 Trillion Yuan in Loans

Beijing's plans to slash the risk weighting of local government bonds in order to enhance their appeal to Chinese banks could potentially unleash 3...

Is China’s P2P Crisis the Result of Regulatory Negligence?

A new report from the Peterson Institute for International Economics (PIIE) says negligence and inaction on the part of China's financial regulators serve as...

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