Wednesday, January 20, 2021

Monthly Archives: February, 2018

Foreign Banks in China Still Hampered by Restrictions on Deposit-taking

The introduction of new regulations that give greater latitude to foreign banks in China are expected to impact three key areas, yet insiders say...

Central Bank Makes Sizeable Injection to Ease Lunar New Year Liquidity Pressure

The Chinese central bank hopes to smooth over potential liquidity issues in the wake of the lunar new year with sizeable liquidity injections via...

Liu He Will Travel to the US to Soothe Trade Tensions

Leading economics advisor and rising political star Liu He will make an official visit to the United States from 27 February to 3 March,...

Most Chinese Migrant Workers Intent on Buying Real Estate in Their Home Towns

A new survey indicates that the majority of China's migrant workers plan to purchase real estate back in their home towns, instead of in...

Chinese Communist Party Issues New Warning on Blockchain Speculation

The flagship newspaper of the Chinese Communist Party has published a new article warning readers of the perils of speculative investment in blockchain related...

Extension of Xi Jinping’s Term in Office is “Rational”: State-owned Tabloid Media

An editorial published by state-owned newspaper Global Times says that constitutional amendments that would permit the extension of President Xi Jinping's term in office...

Shanghai, Beijing and Zhejiang Province Top China’s New Per Capita Income List

China's National Bureau of Statistics has released new data on per capita disposable income by province. The latest data on the per capita disposable income...

New Asset Management Regulations On Track for Implementation

The Chinese central government is about to launch new asset management regulations which will focus on the removal of risk-creating implicit guarantees. The 2017 Q4...

Banking Regulator Issues 289 Fines in February, Focuses on Illicit Real Estate Loans

China's banking regulator is keeping up the pressure on domestic lenders, with analysts expecting it to focus on reining in illicit loans to the...

Will the Chinese Communist Party Allow Xi Jinping to Serve a Third Term?

In a potentially epoch-making break from precedent, the Chinese Communist Party has mooted amendments to the country's constitution which would allow President Xi Jinping...

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...