Wednesday, January 20, 2021

Monthly Archives: February, 2018

Beijing Wants Foreign Talent to Flock to Its Silicon Valley

The Chinese capital hopes to attract top flight STEM talent to its Zhongguancun Science Park with new visa concessions and incentives for foreign nationals. The...

Beijing Considers Amalgamation of Banking and Insurance Regulators

The Chinese central government is reviewing a proposal to amalgamate the banking and insurance regulators according to anonymous sources speaking to the South China...

51% of Economists Surveyed Say China’s Real Estate Bubble is Severe

A new report indicates that more than half of 100 Chinese economists surveyed believe there is a severe bubble in China's real estate market,...

February PMI Slides to 50.3 Due to Chinese New Year Vacation

China's official purchasing managers' index reading for February is 50.3, for a 1.0 point decline compared to the preceding month. Out of the 13 PMI...

Beijing Hopes Tax Incentives Will Encourage Chinese Companies to Go Abroad

The Chinese government is launching a raft of new tax incentives that are designed to support the overseas expansion of domestic enterprises and increase...

PBOC Allows Write-offs/Equity Conversion of Bank Capital Supplementation Bonds

The Chinese central bank will allow banking sector financial institutions to write-off their capital supplementation bonds or convert them into equity, as part of...

R&D Spending in China Rises 14% in 2017, Equals 2.1% of GDP

Chinese spending on scientific research and development posted a year-on-year increase of 14% to hit 1.76 trillion yuan (approx. USD$279 billion) in 2017, according...

Bank of China Unveils Biggest Dim Sum Bond Offering in More Than Two Years

Bank of China is pricing the largest offshore renminbi bond offering in two and a half years via its Macao branch. The Financial Times reports...

China’s Total Banking Sector Assets Exceed Quarter of a Quadrillion Yuan

Total assets in China's banking sector have continued to post robust growth in 2017, with some of the country's state-owned lenders emerging as globally...

Strengthen Dynamic Monitoring of Market Liquidity Demand Fluctuations: PBOC

The Chinese central bank has called for the stepping up of dynamic monitoring of fluctuations in liquidity demand in order to address the potential...

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...