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Monthly Archives: October, 2017

China Still USA’s Biggest Creditor Following Seventh Month of Increased Treasuries

The latest data from the US Treasury Department indicates that China increased its holdings of US sovereign debt for the seventh consecutive month in...

Producer Price Index Growth Ahead of Consensus Expectations

The latest official data from China's National Bureau of Statistics points to accelerating inflation for the selling prices obtained by the domestic producers of...

Federal Reserve Report Says China’s Economic Rebound Only Temporary

A new report released by the Federal Reserve Bank of Kansas City sees China's economic growth easing in the near future due to the...

September Fiscal Revenues Post 9.2% YoY Increase as Expenditure Growth Slides

The latest official data points to accelerating growth in China's national fiscal revenues in September on the back of a rebound in inflation. Data released...

Use of Bitcoin as Money “Disastrous”: PBOC Digital Currency Research Chief

The head of the People's Bank of China's digital currency research department has deplored the use of virtual currencies such as Bitcoin as a...

China Could Become Second Most Powerful IMF Member

China's clout within the International Monetary Fund could increase following proposed changes to member funding quotas. As G20 finance ministers and central bank head meet...

Home Sale Restrictions Continue to Intensify in Cities Across China

The scope and intensity of housing sales restrictions in China have continued to increase, as municipal governments endeavour to cool down overheating real estate...

Only 6 Banking Sector P2P Platforms Left in China

The number of bank-run P2P platforms operating in China despite the natural advantages that established lenders have brought to Fintech business. Securities Daily reports that...

Shadow Banking, Household Borrowing Leap Despite Property Clampdown and Deleveraging

Borrowing by China's household sector as well as shadow banking business saw a sharp increase in September, despite Beijing's ongoing deleveraging campaign. Figures released by...

Will the Chinese Debt Dilemma Outlast the Xi Administration?

The chief economist of London's Enodo Economics says that the Xi Jinping administration has failed to adequately address China's onerous debt burden. Surging debt levels...

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