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Yearly Archives: 2018

Balance Sheets of Chinese Banks Continue to Expand in November

Chinese banking sector institutions saw year-on-year gains in their total assets and liabilities in November according to the latest data from the China Banking...

2019 Tax and Fee Cuts in China Expected to Exceed 1.5 Trillion Yuan

Domestic analysts expect the pursuit of more active fiscal policy by Beijing to lead to over 1.5 trillion yuan in tax cuts in 2019. Shi...

Foreign Invested Enterprises in China to be Given Equal Access to Government Procurements

The draft version of China's new foreign investment law moots given equal treatment to foreign invested enterprises when it comes to government procurements. The "Foreign...

No Flood-like Monetary Stimulus in 2019, Further Reserve Cuts Likely: PBOC Adviser

A leading adviser to the Chinese central bank says that it will refrain from "flood-like" monetary policy stimulus in 2019 due to concerns over...

China Construction Bank Says No More Money in Property Due to High Prices

The chairman of one of China's big four state-owned banks says that there is no more money to be made in property investment due...

China Fintech and Digital Financial Inclusion Report Highlights Eight Major Growth Trends

A new report on fintech and financial inclusion in China has outlined eight major trends for future development of the sector. The "China Fintech and...

China’s P2P Lending Sector Sees First Ever Drop in Transaction Volumes in 2018

A new report on China's internet finance sector points to a sharp decline in P2P loan transaction volumes as well as platforms following official...

Further Cuts to China’s Reserve Requirement Expected in H1 2019

An academic from one of China's leading research institutions forecasts another cut to the reserve requirement within the next six months following a "normalisation"...

Average Return for Online Loans in China at 9.3% in November

Returns on online loans in China remained well ahead of those for bank wealth management products (WMP) and other investment options in November. A report...

China’s Central Economic Work Conference Wraps up on 21 December

The Chinese government convened the Central Economic Work Meeting (中央经济工作会议) from 19 - 21 December. According to state media the meeting focused on analysing current...

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