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Monthly Archives: April, 2018

Municipal Real Estate Controls on Track to Intensify

Analysts expect the real estate market control policies launched by China's municipal governments to continue unabated following the launch of new measures by more...

PBOC and IMF Commit to “Sustainable Financial Support” for Belt and Road

People's Bank of China governor Yi Gang (易纲) has flagged Beijing's commitment to the provision of investment and financing to the Belt and Road initiative...

Will China’s Financial Opening Bring Back Foreign Capital?

Industry observers say that new measures to further open China's financial sector are likely to bring back the foreign capital that retreated at the...

China’s Internet Plus Economy Hit $4.25 Trillion in 2017: Tencent Report

A new report from Chinese Internet giant Tencent points to roaring growth in China's Internet-based economy. The "China Internet Plus Index Report (2018)" (中国“互联网+”指数报告(2018)) claims...

SASAC Denies that China’s State-owned Enterprises Are Too Strong

The head of the State-owned Assets Supervision and Administration Commission (SASAC) has rebuffed claims that China's state-owned enterprises (SOE) are too large or wield...

Is China’s Commitment to Economic Opening a Response to Sino-US Trade War?

The Chinese government has responded to speculation that the declaiming of its commitment to further opening of the economy at the 2018 Boao Forum...

“Blockchains Have No Future as Money”: China’s Central Bank

People's Bank of China counsellor Sheng Songcheng (盛松成) has put a dampener on any hopes that cryptocurrencies will enter widespread use in China as...

Central Bank Head Says China Will Keep Cryptocurrencies Under Tight Control

The head of the Chinese central bank says that it hopes to foster the usage of cryptocurrencies while also keeping the instruments under tight...

Ministry of Finance Says China’s Tax Burden Will Fall by over 1tn Yuan in 2018

China's Ministry of Finance expects the country's tax and government fee burden to be reduced by in excess of 1 trillion yuan (approx. USD$160...

Online Asset Management Crackdown Drives Sales Licenses to Over $14mn

China's crack down on illicit operators in the online asset management sector has driven the price of fund sales licenses to as high as...

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