Friday, May 3, 2024

Monthly Archives: July, 2018

New Recognition Standards Will Boost Non-performing Loans of Chinese Banks

Changes to loan recognition standards could result in a 14% leap in the non-performing assets of Chinese banks in 2018, leading to a severe...

Regional Chinese Banks Succumb to Spate of Credit Downgrades

A slew of smaller regional banks in China have met with downgrades from credit-ratings agencies, as Beijing's deleveraging campaign hampers business conditions and leads...

Top Chinese Think Tank Enters Exclusive Fintech Agreement with Seven Stars Cloud

China Venture Capital Research Institute (CVCRI) is teaming up with a leading AI and blockchain-focused fintech company to work on the production and distribution...

Scrutiny of China’s Online Lending Sector Intensifies as Platforms Continue to Topple

China's online lending sector is coming under increasing pressure from regulators as platforms continue to capsize. A crackdown on P2P online lending has already led...

State Council Signals More Active Fiscal Policy

China's State Council has unveiled plans to step up fiscal policy amidst escalating trade tensions with the United States. An executive meeting of the State...

China’s Nouveau Riche Use Bitcoins for Overseas Real Estate Purchases

Members of China's elite nouveau riche class are using bitcoins to dodge the country's capital controls and channel funds towards overseas real estate acquisitions. Last...

Local Government Bond Issuance Expected to Peak in Second Half of 2018

Bond issuance by China's local governments is on track to hit a peak in the second half of 2018, as the debt-for-bond swap process...

Deleveraging Drive Undiminished by New Asset Management Rules: Chinese State Media

State-owned media says the launch of new rules that supplement sweeping asset management regulations launched earlier this year will in no way diminish the...

Beijing Stresses Market Value Management for State-owned Enterprises

The Chinese central government has emphasised the need for market value management of listed state-owned enterprises (SOE's) in the wake of far-reaching mixed-ownership reforms. A...

Fintech Will Drive Greater Financial Support for the Real Economy: State-owned Media

China's state-owned press has flagged further policy measures to drive greater support of the real economy by the financial sector, as well as highlighted...

Most Read