Tuesday, April 30, 2024

Monthly Archives: May, 2018

Assets of Middle-class Chinese Households Shrink in Q1 2018 on Ailing Stocks

A new report points to a decline in the assets of China's middle-class households in the first quarter of 2018 as a result of...

Chinese Banks See 5-fold Increase in Foreign Lending Since 2010

The expansion of Chinese enterprises abroad as well as the launch of the Belt and Road Initiative has driven a surge in cross-border lending...

Issuance of Local Government Debt Quotas Set to Accelerate: MOF

China's Ministry of Finance has indicated that it will accelerate the process of issuing debt quotas to the country's local governments. The "Notice Concerning Strengthening...

Chinese Depository Receipts Slated for Launch in Just Over a Month

Observers expects applications to open for Chinese Depository Receipts (CDR's) in little more than a month's time, following the release of the draft version...

CBIRC Scrutinises Interest Rates for China’s Small and Micro-Enterprises

The China Banking and Insurance Regulatory Commission (CBIRC) has announced that it's undertaking as well as further researching and refining specialist assessments of interest...

Loan Balance to China’s Small and Micro-Enterprises Rises to $5.03tn

Data from the China Banking and Insurance Regulatory Commission (CBIRC) indicates that the bank loan balance to small and micro-enterprises across China hit 31.76...

CBIRC Caps Risk Exposure of Chinese Banks to Single Clients

The China Banking and Insurance Regulatory Commission (CBIRC) hopes to contain risk within the financial system with the introduction of a new ceiling on...

ADB Head Warns Belt and Road Could Ensnare Emerging Nations in Debt Trap

The head of the Asian Development Bank has warned nations participating in Xi Jinping's much vaunted Belt and Road initiative that borrowing for infrastructure...

China’s 26 A-share Banks Post Robust Profits Results for Q1 2018

China's commercial lenders have enjoyed a strong performance in the first quarter of 2018, posting an acceleration in net profit growth after faltering slightly...

Shanghai Pudong Development Bank Posts Negative Profit Growth in First Quarter

The Shanghai Pudong Development Bank (SPD Bank) was the only Chinese commercial lender to see negative growth in net profits for the first quarter...

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