Experts say that problems with China’s capital markets are impeding the prospects of the country’s emerging tech sectors.
A new study points to exorbitant financing costs for actors in China’s real economy.
China’s big four financial regulators have released the full bill of penalties applied for misconduct in the banking, securities and insurance sectors in 2017.
The China Banking Regulatory Commission is pushing for forestry rights to be used as collateral for secured loans as part of efforts to support the development of the forestry sector in certain regions.
A leading expert on the Chinese economy says opening of the finance sector could leave regulators defenceless against a debt-induced crisis.
In the wake of President Trump’s official visit to Beijing, China has made a watershed move for the opening up of its finance sector.
One of the Chinese government’s senior-most economists says that financial risk must be accommodated in order to maintain stable, long-term growth, and called for ailing enterprises to be allowed to fail.
China’s deleveraging campaign appears to have borne fruit, with growth in shadow banking activity halting in the first half and nominal GDP expanding faster than shadow banking assets for the first time since 2012.
Chinese analysts expect a significant decline in new credit for October on the back of standard seasonal fluctuations.
The chief of the Shenzhen Stock Exchange says that China’s financial liberalisation would see its capital markets eventually assume the role of a global resource allocation hub.