Thursday, March 4, 2021

CBNEditor

5040 POSTS0 COMMENTS

China’s First Foreign Asset Fund Favours Bond Market

The first, and thus far only, wholly-foreign owned private asset management company in China plans to make its debut on the market with a bond...

Shanghai Regulator Hits Local Banks with a Raft of Penalties

The Shanghai branch of China's banking regulators has just issued a slew of administrative penalties to the local branches of several key lenders, including China...

Banking Crackdown Triggers Jitters Amongst Investors

A heavy-handed crackdown on the lending sector by the recently appointed head of the China Banking Regulatory Commission is causing concern amongst investors about...

Foreign Reserves Climb for Third Consecutive Month

China's foreign reserves have risen for the third consecutive month, with Chinese officials hailing a stabilisation in cross-border capital flows. Data released by the People's Bank...

One Belt One Road Will Spur RMB Internationalisation: PBOC Head

The head of the Chinese central bank has highlighted the key role that the One Belt One Road initiative will play in advancing internationalisation of the RMB. In...

Chinese Banks Post Rare Drop in Non-interest Earnings

A new report notes that the Chinese banking sector posted a rarely seen decline in non-interest revenues in Q1 2017. Data released by the Bank...

Foreign Exchange Regulator Flags Greater Focus on Banks

China's State Administration of Foreign Exchange (SAFE) has pointed to Chinese banks as a key area for combating risk in relation to the foreign exchange market. SAFE's...

Chinese Liquidity Set to Tighten Further in May

While liquidity has improved slightly since the start of the month, analysts expect further tightening of capital in May on the back of multiple...

Caixin’s PMI Hits Lowest Point Since September

The latest purchasing managers index published by Chinese financial news provider Caixin marks a seven month low. Caixin's PMI for April is 50.3, for a decline of 0.9...

China Academy of Social Sciences Sees L-shaped Economic Recovery

A leading expert from the China Academy of Social Sciences says that the Chinese economy has already entered an L-shaped recovery. A new opinion piece...

TOP AUTHORS

5040 POSTS0 COMMENTS

Most Read

Digital Renminbi to Integrate with Chinese Blockchain System “Chang’an Chain”

The People's Bank of China (PBOC) - being the Chinese central bank - plans to integrate the Digital Renminbi with a locally...

ByteDance Applies for Registration of “BytePay” Trademark

TikTok-owner ByteDance appears intent on expanding the range of online services and products it provides with its application to register aNOTHER payments-related...

China’s Banking Regulator Highlights Success of Risk Containment Efforts in 2020, Focal Points for Policy in 2021

The head of China's banking regulatory has touted the progress of effort to contain risk in the Chinese financial system, while also...

Shenzhen Launches China’s First Personal Bankruptcy System

The southern Chinese tech hub of Shenzhen has just launched China's first system for the application and processing of personal bankruptcies.