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Regulators Caution Trust Companies as Shadow Banking Crackdown Continues

The China Banking Regulatory Commission plans to target the country's colossal trust industry in 2018 as part of ongoing efforts to curb shadow banking...

Shadow Banking Lies at the Core of China’s Systemic Financial Risk

The breakneck growth of China's shadow banking sector in the decade since the Great Financial Crisis has heightened the country's vulnerability to systemic financial...

China Emerges as Global IPO Leader for 2017

China has taken the international lead in IPO's this year with a record number of A-share listings. A new report from Ernst & Young on...

Banking Regulator Will Standardize Market Access for Overseas Lenders

The China Banking Regulatory Commission says it will provide foreign lenders with a more even playing field when it comes to accessing the country's...

China’s M2 Money Supply Growth Expected to Remain in Single Digit Territory in 2018

Analysts expect growth in China's M2 money supply to remain at historically low levels in 2018, following a year in which it tapped unprecedented...

Guangzhou’s Population Could Exceed 20 Million by 2040

The Guangdong province capital of Guangzhou could see its permanent population rise to more than 20 million in a little over two decades' time,...

PBOC Director Opposes Benchmark Deposit Rate Hikes

One of the Chinese central bank's senior-most officials and a sitting member of the National People's Congress has expressed his opposition to hikes in...

Total Assets of China’s Banking Sector Rise to 244 Trillion Yuan

The total assets of China's banking sector rose to 244.44 trillion yuan (USD$37.35 trillion yuan) at the end of November, for a year-on-year increase...

China’s GDP Growth Sure to Exceed 6.5% in 2017: CASS Blue Paper

One of China's leading think tanks says that the country's economic growth is bound to surpass 6.5% for 2017. The "2018 China Social Circumstance Analysis...

Let Local Governments Go Bankrupt Like Detroit in 2013: Chinese Central Bank

One of the Chinese central bank's senior-most officials has called for Beijing to completely abolish its control of local government bond issuance, and allow...

Chinese Banks Banned from Using Trust Firms to Dodge Risk Controls

The China Banking Regulatory Commission has set its sights on the use of trust firms by lenders to conceal risk levels, as part of...

Competition for Deposits Will Be “White Hot” as Stress on Liabilities Structures Intensifies

As the next round of macro-prudential assessments for the Chinese banking sector fast approaches and liquidity conditions become increasingly constrained, commercial lenders are facing...

Latest stories

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...