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Monthly Archives: January, 2018

Central Bank Suspends OMO for 5th Straight Day, Drains 210bn in Liquidity

The People's Bank of China refrained from conducting open market operations for a fifth consecutive trading day on Wednesday, leading to a net liquidity...

China’s January PMI Slips to 51.3, Above Threshold for 18th Consecutive Month

The latest data from China's National Bureau of Statistics indicates that the country's purchasing managers index remained above the 50 point threshold for the...

Deleveraging Campaign Starves Smaller Banks of Funds

China's heavy-handed deleveraging campaign is hampering the prospects of smaller lenders by stymieing their ability to access funds via the interbank market. Lacking the extensive...

China Banking Authority Targets Seven Key Areas for Regulatory Tightening

The China Banking Regulatory Commission has flagged tighter regulation of the financial sector across a total of seven key areas, including interbank operations, wealth...

Chinese Banks Scale Back Credit for Real Estate Development

Financing channels for Chinese property developers have become increasingly scarce since the start of the new year, with domestic media now reporting that many...

Risk Crackdown Pushes Market Cap of Big State-owned Banks Above Book Value

China's dauntless campaign against systemic risk in the finance sector is driving up the share price of the country's biggest banks beyond book value. The...

China’s Telecoms Sector Posted 76.4% YoY Growth in 2017

The latest official data points to surging growth in China's telecommunications sector in 2017. Speaking at the 2017 Industrial Telecommunications Sector Growth Briefing held by the...

PBOC Warns of Asset Bubble “Landslide Dam” in Chinese Economy

Yi Gang (易纲) vice-governor of the People's Bank of China, has outlined the chief concerns and challenges for the Chinese central bank in 2018...

Hong Kong’s Newspaper of Record Calls for Beijing to Boost Chinese Birthrates

The South China Morning Post has published an opinion piece calling for China to confront "demographic reality" and adopt concerted measures to boost birthrates. The...

Yu Yongding Pessimistic About Growth Due to Fixed Investment Slowdown

One of China's top economists says that hopes for a stabilisation in Chinese GDP growth are unfounded given an intractable slowdown in fixed-asset investment. Many...

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