Thursday, April 18, 2024

Monthly Archives: December, 2017

Beijing Steps up Scrutiny of Internet Microloans, P2P Lenders Affected

The Chinese central government has heightened its scrutiny of Internet microlending with the launch of new measures for standardisation of the sector. On 1 December...

German Businesses Threatens to Withdraw from China Over Communist Party Cells

Germany's peak trade representative to China has warned that many businesses may withdraw from the country following the Chinese Communist Party's push for the...

State Media Flags Further Opening to Foreign Investment

State media says that a raft of new policies to further open China to foreign investment can be expected to arrive in the near...

China Could Invest USD$10 Trillion in Belt and Road Infrastructure

China could pour as much as USD$10 trillion into infrastructure projects for its much-vaunted Belt and Road initiative over the next four to five...

China Minsheng Bank Hit with $4.2mn Fine for Selling 3bn Yuan in Fake Wealth Management Products

One of China's leading private banks has been hit with a heavy fine for the issuance of fake wealth management products to clients. China Minsheng...

US Denial of Market Economy Status is Costing China Billions

The Trump administration's official decision to refuse China recognition as a "market economy" could end up costing Chinese enterprises billions of dollars in lost...

Artificial Intelligence Could Take Over 16% of Jobs in China by 2030

A new report from McKinsey says up to 16% of jobs in China could be taken over by automated machines as a result of...

Full Information Disclosure Lies at Core of China’s Capital Market Growth: Securities Regulator

The head of China's securities regulator has called for improving measures to ensure full information disclosure in order to expedite the growth of the...

November PMI Readings Bounce Back

China's manufacturing and non-manufacturing PMI figures for November have both bounced back ahead of analysts' expectations. Data released by China's National Bureau of Statistics on...

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