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BlackRock Grabs Approval from Chinese Regulators for Majority-owned Wealth Management Joint Venture

Investment giant BlackRock has cinched approval from Chinese regulators to establish a majority-owned wealth management joint venture (JV).

Industrial Enterprise Profits Rise 107.3% YoY in First Quarter: Chinese Central Bank Survey

A survey conducted by the People's Bank of China (PBOC) points to a doubling in industrial enterprise profits in the first quarter,...

Structured Deposits in China Plunge over 42%

Structured deposits of Chinese banks have seen a precipitous decline following the launch of a crack down on use of the instruments...

Renminbi Loans up 12.3% YoY in April, Total Social Financing in China Contracts

The Chinese central bank has released its latest raft of data on the state of China's finance system in the month of...