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Monthly Archives: November, 2017

Agricultural Bank of China Hit with Year’s Biggest Fine Over 3.9bn Yuan Repo Fraud Case

One of China's big four state-owned banks has been hit with a 19.5 million yuan fine and seen four of its staff permanently banned...

China’s Capital Efficiency Posts First Improvement in Over a Decade: Moody’s

The first three quarters of 2017 saw China lift its capital efficiency levels for the first time in over a decade according to Michael...

China’s New Manufacturing Strategy Seeks to Boost Role of Private Investment

The latest national manufacturing strategy unveiled by China's central government seeks to expand the role of private investment in the sector. The Ministry of Industry...

No Need to Worry about China’s $38 Trillion in Off-balance Sheet Assets: UBS

The copious volume of off-balance sheet assets accumulated by Chinese shadow banking activity poses little threat to the integrity of the financial system, says...

Chinese Banks Raise First Home Loan Rates to 20% Above Benchmark

As lending quotas become scarce in the lead up to the year's end, a number of Chinese banks are raising their rates for first...

Beijing Hopes to Crack Implicit Guarantees in Asset Management Sector

China's central government plans to combat risk in the country's asset management sector by targeting the long-standing dilemma of "implicit guarantees" and use of...

10% of State-owned Enterprise Equity Will Be Used to Plug Pension Fund Gaps

China's State Council has announced that it will use a chunk of state-owned enterprise (SOE) equity to fill in the sizeable gaps in the...

China Confident Macro Prudential Assessment Can Avert Financial Collapse

One of China's senior-most central bank officials says the macro prudential assessment (MPA) system established in the wake of the Great Financial Crisis will...

Baidu Teams up with China Citic to Launch Fintech Direct Bank

Chinese Internet giant Baidu has teamed up with mid-tier lender China Citic Bank to launch a fintech joint-venture that will use AI and big...

Banking Regulator Tightens Risk Controls for Policy Banks

The China Banking Regulatory Commission has launched new measures to contain risk exposure for the country's three policy banks. The measures which come into effect...

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