Wednesday, January 20, 2021

Monthly Archives: June, 2018

Tianjin Successfully Tests Driverless Vehicle on Tanglang Highway

The Tianjin municipal government says that it has conducted successful testing of a locally developed driverless vehicle on a stretch of freeway within the...

Growth in China’s Sharing Economy Tipped to Stay Above 30% until 2023

The sharing economy has emerged as a major force in China, with Beijing forecasting robust growth until 2023. The State Information Center's Sharing Economy Research...

Beijing Unveils Plans for New Fintech District

Beijing has revealed ambitions to create a specialised fintech demonstration area that bridges the Chinese capital's hi-tech zone and its financial district. Beijing mayor Chen...

Deleveraging Campaign Will Drag on China’s Economic Momentum: Fitch

A new report from Fitch Ratings says that China's economic growth rate could soon be impeded by Beijing's ongoing crackdown on debt growth. According to...

Has China’s Clean Vehicle Sector Careened into Overcapacity?

New data indicates that China's clean vehicle sector is succumbing to overcapacity, with planned production volumes already 10-times greater than the annual target mooted...

Will Chinese Monetary Policy Shift towards Reserve Ratio Cuts + MLF + Rate Hikes?

Observers says that the Chinese central bank's recent decision to expand the scope of accepted guarantees for a key open market instrument could be...

Chinese Fund Liquidations Surge Since Start of 2018

The number of Chinese investment funds that have entered liquidation has seen a sharp rise since the start of 2018. According to figures compiled by...

China’s Foreign Investments Surged by $138 Billion in 2017

Mainland China's overseas investments surged in 2017, with the king's share of capital flowing towards the special administrative zone of Hong Kong. Figures from the...

PBOC Expands Guarantee Scope for Open Market Instruments to Include Lower Grade Debt

The People's Bank of China (PBOC) plans to expand the scope of guarantees that will be accepted for medium-term lending facilities (MLF) as part...

Most Read

Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...