Friday, December 9, 2022

Chinese Central Bank Calls for More Lending to Real Estate Enterprises and Builders in the Beijing Municipal Area

The People's Bank of China (PBOC) has called for increased lending to real estate enterprises and building companies, amidst efforts to bolster the health...

China’s Politburo Sends Key Signals for Economic Policy in 2023, 5% GDP Growth Target Anticipated

The senior-most authority in the Chinese political system has outlined key focal points for economic policy in the upcoming year. On 6 December the...

Shanghai Unveils Plan for Capital Market Fintech Innovation Trials

China's securities regulator has unveiled plans for capital market fintech innovation trials in the financial hub of Shanghai. The Shanghai branch of the China...

China’s Debt Ratio Rises to Record High of Nearly 3-times GDP: BIS Data

China's debt-to-GDP ratio has risen to an unprecedented high in the wake of the Covid pandemic, according to the latest figures from the Bank...

Bank of China Vice-President Wang Zhiheng Set to Head China Everbright Bank

A senior executive from big state-owned lender Bank of China (BOC) is on track to become the new president of joint-stock lender China Everbright...

Postal Savings Bank of China Grabs Approval for 45B Yuan Private Placement

One of China's big state-owned banks has grabbed approval from regulators for a private replacement to shore up its capital adequacy levels. On 6...

Chinese Central Bank Calls for More Lending to Real Estate Enterprises and Builders in the Beijing Municipal Area

The People's Bank of China (PBOC) has called for increased lending to real estate enterprises and building companies, amidst efforts to bolster the health...

China’s Politburo Sends Key Signals for Economic Policy in 2023, 5% GDP Growth Target Anticipated

The senior-most authority in the Chinese political system has outlined key focal points for economic policy in the upcoming year. On 6 December the...

Shanghai Unveils Plan for Capital Market Fintech Innovation Trials

China's securities regulator has unveiled plans for capital market fintech innovation trials in the financial hub of Shanghai. The Shanghai branch of the China...

China’s Debt Ratio Rises to Record High of Nearly 3-times GDP: BIS Data

China's debt-to-GDP ratio has risen to an unprecedented high in the wake of the Covid pandemic, according to the latest figures from the Bank...

Deposits in Tibet’s Banking Sector Post 1% Decline

The banking sector of Tibet has seen negligible growth in total assets over the past year, as well as significant decline in total assets....