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CBIRC Calls for Chinese Banks to Further Expand Small Business Loans, Reduce Financing Costs

The China Banking and Insurance Regulatory Commission (CBIRC) is pushing for the domestic finance sector to further expand lending to micro-and-small enterprises...

China to Tighten Regulatory Scrutiny of Credit Ratings Sector

The Chinese central government has flagged further tightening of regulation surrounding providers of credit ratings.

Chinese Central Bank to Create Emissions Reduction Support Tools, Channel Funds towards Green Low Carbon Industries

The People's Bank of China (PBOC) is preparing measures to support China's broader campaign to transition towards a low carbon economy.

ICBC’s Fintech Unit Launches Subsidiary in Beijing, Enters Strategic Agreement with Municipal Regulators

The fintech unit of China and the world's biggest bank in terms of assets has launched its own subsidiary in Beijing amidst...

China’s Banking Regulator Targets Illicit Flow of Business Loans into Property Market

The China Banking and Insurance Regulatory Commission (CBIRC) has announced a crack down on the illicit flow of funds obtained via business...

Big Six Chinese Banks All Launch Digital Renminbi Wallets, Trial Initiatives for CBDC Accelerate

China is fast expanding trials for the usage of the Digital Renminbi amongst both key financial institutions and at an increasing number...

China’s Banking Regulator to Require that Medium-sized Lenders Draft Recovery and Resolution Plans to Prevent Systemic Risk

China's banking authority is in the process of refining new rules that seek to shore up the security of the Chinese financial...

PBOC Survey Finds over 70% of Banks Believe Chinese Economy and Monetary Policy Are Back to Normal

A new survey from the Chinese central bank has found that the majority of domestic lenders believe that the economy and key...

China’s Banking Sector Sees Launch of 13th Fintech Subsidiary

The Chinese banking sector has just seen the establishment of another fintech vehicle by a domestic lender.

CBIRC Issues Risk Warning to Chinese Banks on Excessive Maturity Mismatches

China's banking authority has warned domestic lenders of risk in relation to excessive mismatching of the maturities of assets and liabilities on...

China’s Banking Authority Steps up Financial Support for Private Enterprise Growth

The China Banking and Insurance Regulatory Commission (CBIRC) plans to launch a new set of policies to support the growth of private-sector...

Are Chinese Banks Drying up Secondary Market for Wealth Management Products?

The secondary market for wealth management products (WMP) in China could be on the wane as multiple banks remove "transfer" services for...

Latest stories

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...