The inability of domestic financial institutions to satisfy regulatory requirements is stymieing the development of a personal credit ratings system in China.
Wan Cunzhi, head of the...
CBRCÂ is considering the implementation of a ban on former officials joining financial companies which fall within its regulatory purview for a period of three...
The slumping capital adequacy ratios of China's listed banks are raising concerns amongst industry observers in the lead up to new CBRC requirements at the end...
The IMF does not foresee a financial crisis in China or the Asia-Pacific region anytime soon, despite strong concern over soaring debt levels.
Markus Rodlauer, IMF deputy director...
One of PBOC's senior-most officials has voiced strong support for the expand use of IMF's Special Drawing Rights in several areas, including for the issuance of...
Sustained gains in China's money market rates have prompted the central bank to lift net monetary injections to a three month high.
The overnight Shanghai Interbank Offered Rate...
Thinning capital outflows and increasing exchange rate stability have paved the way for China's central bank to loosen recently introduced settlement restrictions.
Chinese media reports that the People's...
Xi Jinping's One Belt One Road initiative has emerged as key means for the Bank of China (BOC) to advance its overseas expansion plans.
BOC endeavours to...
The Global Financial Stability Report issued by the International Monetary Fund (IMF) on 19 April has expressed strong concerns about the risks associated with ongoing excessively rapid growth...
Industry observers expect China's joint-stock lenders to accelerate their establishment of debt-equity swap investment management subsidiaries in 2017.
According to China Securities News the commercial banks...
Further details have emerged in relation to the defrauding of high-end Beijing banking clients by the head of a China Minsheng branch who made use of...
Jiangxi Bank has sustained heavy losses as a result of fraudulent loans taken with the provincial lender by multiple companies, capsizing hopes that it would emerge...
