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Monthly Archives: May, 2018

10 Chinese Provinces Raise Minimum Wages Levels in 2018

Available data indicates that at least 10 of China's province-level administrative entities have decided to raise their minimum wage levels for 2018, with proposed...

China’s Best Paid Financial Executives Revealed

A new study on the remuneration levels of Chinese finance professionals has shed light on who are the industry's top earning executives. The study conducted...

CBIRC Targets Chinese Bank Liquidity Risk with Trio of New Indicators

The China Banking and Insurance Regulatory Commission (CBIRC) unveiled a trio of new financial indicators on Friday that it hopes will help to shore...

State-owned Enterprise Profitability Sees Sharp YoY Rise for January-April

The latest data from the Ministry of Commerce points to a sharp rise in the profitability and repayment capability of China's state-owned enterprises (SOE's)...

Expanding Imports is China’s Firm Long-term Policy: MOFCOM

China's Ministry of Commerce (MOFCOM) has flagged a commitment to the expansion of overseas imports. MOFCOM spokesperson Gao Feng (高峰) said at a routine press...

Beijing Says Talk of Belt and Road “Debt Trap” is the “Voice of Envy”

The Ministry of Foreign Affairs has responded to recent accusations that Beijing's much vaunted Belt and Road Initiative primarily serves China's strategic interests by...

Tech Companies Account for 80% of Chinese IPO’s Since 2017

The China Securities Regulatory Commission (CSRC) hopes that reforms of the capital market will help the Chinese financial system to better service the country's...

Fake Insurance Agents Sell Wealth Management Products to Chinese Consumers

The China Banking and Insurance Regulatory Commission (CBIRC) has issued a directive warning consumers to be wary of fraud involving fake insurance agents selling...

Central Bank to Strengthen Signalling of Policy Intentions, Guidance of Market Expectations

The Chinese central bank has announced that it plans to strengthen communication and transparency vis-a-vis market participants. The People's Bank of China (PBOC) issued the...

Customs Administration Launches Crackdown on Western Junk Smuggling

China's General Administration of Customs has announced the launch of a crackdown on the smuggling of "Western junk" into the country. GAC head Ni Yuefeng...

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