Thursday, April 18, 2024

Monthly Archives: December, 2017

UK Think Tank Sees Chinese Economy Overtaking US by 2032

A new report from the London-based Centre for Economics and Business Research sees China overtaking the US to become the world's largest economy in...

Total Assets of China’s Banking Sector Rise to 244 Trillion Yuan

The total assets of China's banking sector rose to 244.44 trillion yuan (USD$37.35 trillion yuan) at the end of November, for a year-on-year increase...

428 Chinese Companies Launch IPO’s in 2017, Raise Over 220 Billion Yuan

The latest data released by the Shanghai Stock Exchange indicates that a total of 428 Chinese companies successfully completed their IPO's in 2017 as...

China’s GDP Growth Sure to Exceed 6.5% in 2017: CASS Blue Paper

One of China's leading think tanks says that the country's economic growth is bound to surpass 6.5% for 2017. The "2018 China Social Circumstance Analysis...

Money Market Fund Assets Rise to Record High

Assets under management by Chinese money market funds have risen to a record high, on the back of demand from savers for better investment...

Is China Using One Belt One Road to Engage in “Creditor Imperialism?”

An Indian academic claims that China is using its much vaunted One Belt One Road initiative to engage in "creditor imperialism,"  and acquire greater...

Let Local Governments Go Bankrupt Like Detroit in 2013: Chinese Central Bank

One of the Chinese central bank's senior-most officials has called for Beijing to completely abolish its control of local government bond issuance, and allow...

Ministry of Finance on “High Alert” Over Hidden Local Government Debt

The vice-head of China's Ministry of Finance has warned of the need for regulators to be on "high alert" over the hidden debt of...

Chinese Banks Banned from Using Trust Firms to Dodge Risk Controls

The China Banking Regulatory Commission has set its sights on the use of trust firms by lenders to conceal risk levels, as part of...

Competition for Deposits Will Be “White Hot” as Stress on Liabilities Structures Intensifies

As the next round of macro-prudential assessments for the Chinese banking sector fast approaches and liquidity conditions become increasingly constrained, commercial lenders are facing...

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