Saturday, April 17, 2021

Monthly Archives: February, 2018

Forex Regulator Permits Cash Settlement of Forwards Contracts

China's State Administration of Foreign Exchange has announced that it will permit the cash as well as physical settlement of foreign exchange forwards as...

Chinese Communist Party Flags Crackdown on Cryptocurrency Speculation

The flagship newspaper of the Chinese Communist Party has published an editorial warning against the perils of speculation in bitcoin and other cryptocurrencies, as...

“Orderly Deleveraging Needed to Stabilise Market Expectations”- State Media

China's state-run media has called for Beijing's ongoing deleveraging campaign to be conducted in an "orderly" fashion, with a view to more effectively containing...

Chinese Banking Regulator Has Issued 372 Fines Since Start of 2018

The China Banking Regulatory Commission is maintaining heavy pressure on the country's lenders, issuing a total of 372 fines during the period from the...

Chinese Banks Told to Show Restraint Following Record Loan Growth in January

The Chinese government has told the country's banks to keep new renminbi lending steady in the lead up to the Lunar New Year, according...

Central Government Flags Heavy Pressure on Covert Local Government Debt Growth

China's central government appears intent upon keeping a lid on "covert borrowing" by the country's local governments as part of its ongoing deleveraging campaign. China's...

“New Drivers Account for Over 30% of China’s Economic Growth”: NDRC

The state planning agency says that the role played by "new drivers" of economic growth in China is undergoing rapid increase. "In recent years, China...

New Renminbi Lending Approaches 3 Trillion Yuan in January

The latest official data indicates that new RMB loans hit an unprecedented high in January despite the Chinese government's ongoing deleveraging campaign, while the...

Real Estate on List of China’s “Sensitive Industries” for Restricted Foreign Investment

The Chinese central government has released a list of "sensitive industries" that will subject to curb on outbound foreign investment starting in March. China's National...

Beijing’s Shadow Banking Campaign Capsizes Ambitious Overseas Deals

Beijing's heavy-handed crackdown on the shadow banking sector has spelt disaster for  Chinese companies that overextended themselves on foreign investments when cash was ample. South...

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Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...