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Monthly Archives: June, 2018

Chinese Central Bank Could Further Cut Reserve Ratio in Response to Slowing Economy

China's central bank could be planning to further reduce the required reserve ratio in response to slowing economic growth induced by Beijing's ongoing deleveraging...

Ex-head of China’s Insurance Regulator Pleads Guilty to USD$3mn in Bribes

The disgraced head of China's erstwhile insurance regulator has pled guilty to accepting bribes, becoming the highest-ranking official to be felled by Beijing's crackdown...

Business Confidence in China on The Rise: Central Bank Survey

A new survey from the Chinese central bank sees rising confidence amongst China's businesses. The People's Bank of China released the "2018 Second Quarter Survey...

Establishment of New Foreign Enterprises in China Nearly Doubles

Official data indicates that the number of new foreign-invested enterprises has seen a surge since the start of 2018. The period from January - May...

90% of China’s Artificial Intelligence Firms Incur Losses in 2017

A new report indicates that the vast majority of China's artificial intelligence firms are still struggling to turn a profit. Iyiou (亿欧公司) released its "2018...

Beijing Wants Greater Clout for Chinese A-shares on MSCI Indices

The securities regulator says that it hopes to increase the inclusion factor of renminbi-denominated Chinese A shares on MSCI indices as soon as possible. At...

Will Chinese Central Bank Follow Fed Rate Hikes in The Second Half?

Domestics analysts say that the performance of the Chinese economy remains the primary concern for the People's Bank of China when it comes to...

Online Finance Will Trigger Next Financial Crisis: Bank of China Chief

The chair of one's China's big four state-owned banks has warned of the perils of fintech and online finance. Chen Siqing (陈四清), chair of the...

Chinese Banking Regulator Warns Yields in Excess of 10% Mean Automatic Loss for Investors

The head of the China Banking and Insurance Regulatory Commission (CBIRC) has warned investors of the perils of illicit financial activities that promise lucrative...

State-owned Chinese Banks Obtain Extra Credit Quotas to Shore up Liquidity

Financial regulators have provided China's big state-owned banks with additional credit quotas in order to ease tighter monetary conditions arising from Beijing's ongoing deleveraging...

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