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Monthly Archives: March, 2018

Banking Authorities Highlight Rising Household Debt Risk

Senior officials from both the China Banking Regulatory Commission and the Chinese central bank have expressed their concerns about rapidly rising levels of household...

Shareholders in China’s Commercial Banks May Need to Reduce Their Stakes

The China Banking Regulatory Commission has required that shareholders in commercial banks reduce their equity stakes within a year if they exceed 5%,and were...

Debt-Equity Swaps Still Leave Chinese Banks Exposed to Bad Loans

Analysts from Brussels-based economic think tank Bruegel say that China's use of debt-equity swaps to deleverage state-owned enterprises may simply be shifting bad loans...

Central Bank Governor Says M2 Lacks Precision as Monetary Policy Tool

The head of the People's Bank of China has confirmed that the central bank will focus more on price-based measures when implementing monetary policy,...

Central Bank Chief Warns Cryptocurrencies Could Impact Financial Stability

The head of the People's Bank of China has expressed concern about the potential impacts of the "excessively rapid and insufficiently cautious" emergence of...

Zhou Xiaochuan Flags Bigger Regulatory Role for Central Bank

The head of the Chinese central bank says that it is set to play a more important role following the launch of changes to...

Chinese Economy on Track to Surpass Eurozone’s in 2018

The Chinese economy will exceed the Eurozone's in size this year, according to the latest research from Bloomberg. Bloomberg data indicates that China's GDP will hit...

Trade War Is the Wrong Prescription for Sino-US Relations: China’s Foreign Minister

The head of China's Ministry of Foreign Affairs has sought to assuage concerns about the possibility of a trade war with the United States. Addressing...

Chinese Exports Post YoY Rise of 36.2% in February, Imports Edge Lower 0.2%

Official data from China's customs authority points to a year-on-year surge in exports for February, as imports saw an incremental decline. The total value of...

Shanxi Coal Reforms Show Mixed-ownership Lies at the Core of SOE Overhaul

The mixed-ownership reform of Shanxi Xishan Coal and Electricity Power has kicked off amidst the convening of China's Two Sessions, signalling the central government's...

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