Wednesday, January 20, 2021

Monthly Archives: February, 2018

Systemic Financial Risk is Still an Issue for China: Huang Yiping

One of China's leading economic experts says that systemic risk is still a major issue for the the country's financial system. Speaking at the 2018...

70% of Chinese Cities Post Commercial Housing Price Declines in January

The latest official data points to year-on-year declines in new commercial housing prices for most of China's major cities in January. Data released over the...

China Makes Life Easier for Foreign Banks

China's banking regulator has wound back restrictions on the domestic operations of foreign banks in several key areas. The China Banking Regulatory Commission has unveiled...

Davos Star Liu He Now a Leading Candidate for Head of China’s Central Bank

Liu He, a senior economics official and close associate of President Xi Jinping, is one of the leading contenders to succeed Zhou Xiaochuan as...

Regulators Take Over Anbang Insurance Group

The Chinese insurance regulator has taken over Anbang Insurance Group in the wake of allegations that former chairman and CEO Wu Xiaohui (吴小晖) engaged...

Shadow Banking in China is Becoming More Interconnected and Complex: BIS

A new working paper from the Bank for International Settlements points to the increasing complexity of China's shadow banking sector as it undergoes key...

China’s cross-border e-commerce trade up 80% in 2017

China's cross-border e-commerce trade saw a boom in 2017, with year-on-year growth in turnover of more than 80%. Official data indicates that turnover from China's...

China Will Squeeze Shadow Banking Further Following Lending Binge: Sara Hsu

Forbes contributor Sara Hsu expects China to continue to put pressure on the shadow banking sector and compel lenders to shift assets back on...

Davos Standout Liu He Expected to Lead Elite Team of Chinese Economic Advisors

China watchers expect the country's chief delegate to the 2018 World Economic Forum to be anointed as a leading economic policymaker at the upcoming...

Beijing Threatens Retaliation Against US Metal Tariffs

The Chinese government says it will engage in retaliatory action if the US imposes tariffs against imports of aluminium and steel products. Wang Hejun, chief...

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...