Thursday, April 25, 2024

Monthly Archives: March, 2018

“Scope of Blockchain Bubble Equals the Scope of Misunderstanding”: Xinhua

The state-run Xinhua News Agency has warned that misunderstandings amongst investors threaten to inflate a bubble in blockchain-related tech stocks. A new Xinhua article entitled "Blockchains:...

China’s 2018 GDP Growth Target Set at 6.5%

The state-run Xinhua News Agency reports that Beijing has set China's official GDP growth target at 6.5% for 2018. Both Goldman Sachs and Reuters previously...

Prevent Leverage and Asset Bubble Risk from Overlapping: Congressional Member

A member of Chinese People's Political Consultative Conference (CPPCC) said that 2018 will be a key year for combating systemic financial risk, and that...

China Will Work with Other Nations to Combat Trump’s Tariffs

Beijing has warned that new tariffs mooted by the Trump administration will have a deeply adverse impact upon the global economic order. Wang Hejun, head...

Strong Pressure Behind Rebound in Non-performing Loans: Banking Regulator

The China Banking Regulatory Commission has warned of a potential rebound in non-performing loans that could trigger systemic risk despite risk being "under control." At...

SHIBOR Sees First Uptick Since Chinese New Year

The Shanghai Interbank Offered Rate has just posted its first uptick since the end of the Chinese New Year, with some money market traders...

SOE Mixed-ownership Trials Will Press Ahead in 2018: SASAC

The head of China's State-owned Assets Supervision and Administration Commission says that mixed-ownership trials of state-owned enterprises in key areas will forge ahead in...

Is China’s Debt War Exacerbating Systemic Financial Risk?

The deleveraging campaign and shadow banking crackdown which currently lie the core of China's financial policy settings could be exacerbating systemic risk, due to...

China Development Bank Enters $100mn Deal to Finance African SMEs

One of China's three big policy banks has entered an agreement with pan-African lender United Bank for Africa (UBA) to provide funding to small...

Chinese Central Bank Injected 570bn Via MLF, SLF, PSL in February

The latest report from the People's Bank of China on its deployment of monetary policy tools indicates that it injected 571.38 billion yuan in...

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