China will maintain its ongoing deleveraging campaign and continue to drive key reforms of the financial sector according to sources speaking to Reuters.
The Chinese central bank is stepping up the pressure on the country’s third party payments providers in 2018, after first beginning to scrutinise the sector two years ago.
China Central TV has run an investigatory news story on the perils of cryptocurrency speculation, warning that a bubble continues to brew on the market for blockchain-based money.
One of China’s biggest internet companies has joined forces with one of its leading universities to start a new blockchain research centre.
The resurgent strength of the US dollar is doing little to diminish the health of the Chinese yuan, while foreign holdings of Chinese bonds have lifted to unprecedented levels.
The latest data from the China Securities Regulatory Commission (CSRC) indicates that publicly offered funds in the country paid out 1.71 trillion yuan in dividends as of the end of 2017.
The former head of the Chinese central bank has offered his insights into the 2008 Great Financial Crisis at a forum held in Beijing over the weekend.
The Chinese central bank has launched new measures to expand cross-border capital flows amidst an ongoing push for greater financial sector opening from Beijing.
A new report from China’s Ministry of Industry and Information Technology (MIIT) has named Ethereum the leading public blockchain.
Domestic observers say that plans to expand quotas for China’s Qualified Domestic Institutional Investors (QDII) are part of broader efforts to accelerate Chinese investment abroad.