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Monthly Archives: April, 2018

PBOC Governor Outlines Six Key Measures for Opening of Chinese Finance Sector

Yi Gang (易纲), recently appointed governor of the Chinese central bank, has outlined six measures for further opening China's financial sector that are scheduled...

Chinese Fintech Will See Double Digit Growth for a Decade: Rong360

China's fintech industry will see double-digit percentage growth for the next five to ten years, according to Rong360 co-founder and chair David ye. In an...

China’s Official CPI and PPI up 2.1%, 3.1% YoY in March

The latest inflation data from China's National Bureau of Statistics points to modest on-month price declines and robust on-year gains in March. According to NBS...

PBOC Governor Covers Monetary Policy, Financial Sector Opening at Boao

Yi Gang (易纲) has made his first appearance at the Boao Forum for Asia following his recent appointment as governor of the People's Bank...

China’s Big Four Banks Need To Expand Loss Aborption Buffer by $450 Billion

China's big four banks may need 2.85 trillion yuan (approx USD$450 billion) in total-loss absorbing capacity (TLAC) instruments in order to satisfy the requirements...

Is Heightened Financial Regulation Paving the Way for Foreign Investment?

Analysts say efforts by Chinese authorities to implement stricter and more comprehensive regulation of the financial sector are intended to set the conditions for...

World Bank Chief Economist Says China Will Be Biggest Economy By 2030

One of China's leading economists says China could become the world's largest economy by as soon as 2030, as well as join the ranks...

Ant Financial On Track to Become Biggest Unicorn Ever

Jack Ma's mobile payments and online finance vehicle is on track to become the biggest unicorn ever as well as one of the world's...

Xi Jinping Addresses Opening, Reform, Trade Surplus, IP Rights at Boao Forum

President Xi Jinping has flagged China's ambitions to further open the finance sector and automobile industry, reduce the trade surplus, better protect intellectual property...

Beijing Steps Up Statistical Scrutiny of Financial Holding Companies

Beijing plans to dramatically expand the scope and scrutiny of its statistical collection measures and launch a nationwide basic financial database, as part of...

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