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Monthly Archives: August, 2017

Chinese Banks Slash Debt Burden of State-owned Enterprises by 1 Trillion Yuan Using Swaps

Chinese banks have dramatically reduced pressure on some of the country's most heavily indebted state-owned enterprises with a slew of debt-to-equity swaps across a...

July Year-on-Year CPI Growth Eases Back to 1.4%

The latest official data indicates that China's consumer price index saw a year-on-year gain of 1.4% in July, for a growth slowdown of 0.1...

China Can Continue to Amass Debt Without Capsizing Its Economy: UBS

A senior economist at UBS says that China is continuing to amass debt at a rapid clip despite its much-vaunted deleveraging campaign, but that...

Has Stabilising the Yuan Undermined Ambitions for Its Internationalization?

Measures adopted by Beijing to curb capital outflows and stabilise the Chinese yuan may have undermined plans for its internationalisation and expanded usage in...

CBRC Extends Risk Submission Deadline Due to Fears Over Banking Sector Stability

Concerns over pressure on Chinese lenders have prompted the China Banking Regulatory Commission to defer the deadline for the submission of risk assessments by...

Banking Regulator Plans on Banning Debt Equity Swaps for Zombie SOE’s

The latest draft version of a directive from China's banking regulator prohibits the use of debt-equity swaps by China's "zombie" state-owned enterprises. The China Banking...

China’s Foreign Reserves Rise for Sixth Consecutive Month

The latest data from the People's Bank of China indicates that the country's foreign reserves growth beat expectations in July with a month-on-month increase...

Off-balance Sheet Business Equal to 109.16% of Balance Sheet Assets at Chinese Banks

The latest annual report released by the China Banking Association (中国银行业协会) has triggered concerns about the scope of the country's shadow banking sector, with...

Central Bank Calls for Strict Curbs on Lending for Real Estate Speculation, Overcapacity Industries

The People's Bank of China has flagged strict curbs on lending to real estate speculators and overcapacity industries in its latest report on the...

Are Interbank Activities Behind Explosive Growth in Chinese Shadow Banking?

Huang Zhilong, senior researcher and head of the macroeconomic research centre of the Suning Institute of Finance, says that interbank activities are the chief source...

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