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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

China’s Top Finance Regulators Send Raft of Policy Signals at 2020 Financial Street Forum

Senior officials from the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission (CBIRC) and the China Securities Regulatory...

Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...

Beijing Unveils New Measures for Improving Quality of China’s Listed Companies

The State Council has issued a new directive for driving improvements to the quality and corporate governance levels of China's listed concerns....

Ant Group Comes under Scrutiny for Exclusive Online Fund Sales, Denies”Underwriting Its Own IPO”

Fintech giant Ant Group is facing heavy scrutiny over a potential conflict of interest involving the exclusive sale of investment funds via...

Total Social Financing up 13.5% YoY at End of September, M2 Growth Accelerates to 10.9%

The People's Bank of China (PBOC) has just released its latest raft of official data on money supply in the Chinese economy....

PBOC Reduces Foreign Exchange Risk Reserves Ratio from 20% to Zero for Forward Sales and Settlement

The Chinese central bank has completely removed its foreign risk reserves requirement for forward foreign exchange sales and settlement in response to...

Shenzhen Set for More Digital Renminbi, Renminbi Internationalisation Trials as Part of Municipal Reform Program

China's State Council has just unveiled an ambitious new reform program for the southern tech hub of Shenzhen that outlines major fintech...

No Irrigation-style Monetary Policy, Inflation Avoidance the Chief Priority: PBOC

The head of the Chinese central bank has sent a slew of signals on near-term monetary policy towards the end of 2020....

CBIRC Cancels Registration Regulation for Investment Management Capabilities of Chinese Insurance Agencies

China's top insurance regulator has announced major changes to its regulatory model for the investment management capabilities of domestic insurance agencies.

Chinese Communist Party Touts Commitment to Further Economic Opening in Flagship Newspaper

The flagship newspaper of the Chinese Communist Party (CCP) has published an opinion piece in its finance section hailing further opening of...

Latest stories

Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...