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Monthly Archives: July, 2017

Caixin’s Hu Shuli Says China’s Economic Stability Means the Time is Ripe for Reform

The chief editor of one of China's leading financial news organisations has called for Beijing to use the breathing space provided by current economic...

Foreign Banks Continue to Flock to Shanghai

The number of foreign-invested financial institutions setting up shop in Shanghai has continued to increase in 2017. During the first half of the year a...

World’s Biggest Money Market Fund Channels 80% of Investment towards Chinese Banks

The latest quarterly report from Alibaba affiliate Yu'E Bao indicates that the world's biggest money market fund is channelling the vast majority of its...

Beijing Accelerates Deleveraging of State Owned Enterprises with Debt-Equity Swaps

The State-owned Assets Supervision and Administration Commission (SASAC) has said that it is accelerating the use of market-based debt-equity swaps as a key tool...

Xi Jinping Singles Out State-owned Enterprises for Deleveraging

Remarks made by President Xi Jinping at the National Financial Work Conference last weekend point to a stepping up of efforts to deleverage China's...

Tencent Head Becomes China’s 2nd Wealthiest Person as Wang Jianlin Slips

The chief of Internet giant Tencent has emerged as China's second wealthiest citizen after property tycoon Wang Jianlin's slip in the rankings. According to the...

Beijing Pushes for Expansion of Home Leasing Market in China’s Major Cities

The central government has issued a call for the expansion of housing rental markets in China's leading metropolises, in order to address surging property...

Services Sector Contribution to Chinese GDP Growth Rises to 59.1%

The latest official data indicates that China's services sector has further expanded its contribution to economic growth and employment. Figures released on 19 July by...

Beijing Flags Crackdown on Risky Outbound Foreign Investment

The central government has indicated that it will step up its scrutiny of Chinese outbound foreign investment due to risk concerns, particularly in the...

Will Jack Ma’s Ties to Trump Administration Pave Way for MoneyGram Grab?

Chinese Internet tycoon Jack Ma is cultivating increasingly close ties to the Trump administration, just as his online payments platform Ant Financial seeks to...

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