Thursday, April 25, 2024

Monthly Archives: April, 2018

New Lending Could Rise as High as 1.8 Trillion Yuan in March

Some analysts see new lending rise to as high as 1.8 trillion yuan in March and M2 growth bouncing back to at least 9.1%,...

New Banking Insurance Regulator’s First Directive Targets Financial Guarantee Firms

The newly formed China Banking and Insurance Regulatory Commission has just released its inaugural directive, in the form of a set of regulations concerning...

Zhou Xiaochuan Becomes China’s Chief Representative to Boao Forum

Former head of the People's Bank of China Zhou Xiaochuan has been appointed to the position of China's chief representative to the Boao Forum...

“China Will Remain Biggest Contributor to Global Economy” Boao Report

A report issued over the weekend by the 2018 Boao Forum says that China will continue to be the key driver of the global...

Lucy Peng Replaced as Chair of World’s Largest Fintech Concern

The executive chair of Alibaba's online payments and fintech arm has vacated her position according to an internal company announcement issued by Jack Ma. Lucy...

New Regulatory Framework Set to Accelerate Chinese Financial Reforms

Analysts expect the merger of China's banking and insurance regulators and the establishment of the Financial Stability and Development Committee to accelerate the launch...

China Doesn’t Need a Huge Trade Surplus: Former PBOC Head

Dai Xianglong (戴相龙) former head of the Chinese central bank and current president of the Chinese Communist Party, says that there is no need...

Local Governments Will Issue Special Bonds for Shanty Town Upgrades

Beijing has approved trials for the issuance of special bonds by China's local governments to raise funds for the renovation and upgrade of shanty...

China Sincerely Intends to Reduce Trade Surplus: Government Think Tank

One of China's leading state-sponsored think tanks is playing down the direct impacts of escalating trade tensions with the United States. Zhang Yansheng (张燕生), chief...

China’s Unicorns Concentrated in Four Cities: Ren Zeping

A new report says that China's unicorn start-ups are primarily concentrated in the four cities of Beijing, Hangzhou, Shanghai and Shenzhen, and primarily dependent...

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