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Onshore RMB Breaches 6.8 Against the Greenback

The onshore value of the Chinese yuan has risen to a six month high against the US dollar at the outset of June. On the morning of...

Caixin Calls for Caution While Deleveraging in Order to Avert Liquidity Crunch

The editor of one of China's most influential economics publications has called for financial regulators to exercise heightened caution during their deleveraging efforts in...

Smaller Banks Overleveraged, Excessively Reliant on Wholesale Borrowing: PBOC

One the Chinese central bank's senior-most officials says that many of the country's small and medium-sized lenders are over leveraged and suffer from an excessive...

Chinese A Shares Expected to Join MSCI Global Emerging Markets Index

China's domestic A shares are expected to join MSCI's global emerging markets index for the first time this year, with adjustments to the annual...

Central Bank Says China’s AA- Bonds Are BBB- Internationally.

The People's Bank of China has called for the opening up of the corporate credit ratings market in order provide a sounder basis for assessing...

IT Sector Beats Out Finance for China’s Highest Average Income

China's IT workers enjoy the country's highest average levels of remuneration as of 2016, beating out finance sector professionals. Data released by China's National Bureau of Statistics on 27...

PBOC Seeks to Assuage Concerns Over Shrinking Balance Sheet

An insider from the Chinese central bank has sought to calm concerns about Q1 balance sheet contractions and the attendant liquidity impacts by airing his views on the  matter...

Dragonomics Foresees Financial Crisis in China Within a Decade

A leading investment consultancy says that China could suffer a financial crisis in under a decade a result of unsustainable debt growth. Gavekal Dragonomics chief economist Anatole...

Chinese Property Developers Confront Stark Capital Drought

Chinese property developers confront a severe liquidity crunch as both domestic and overseas financing channels dry up, compelling many to shift from bond issuance and...

CSRC Flags Crackdown on Shadow Banking “Channel Operations”

The China Securities Regulatory Commission has flagged a crackdown on "channel operations" employed by members of the banking sector to shift their investments off...

MSCI China Index Hits Two Year High As Chinese Tech Stocks Flourish

The Morgan Stanley Capital International (MSCI) China Index has just breached a near two-year high on the back of gains in Chinese technology stocks. The...

PBOC Says Banking System Liquidity Levels Back at Appropriate Levels

China's central bank said that the level of liquidity in the national banking system has returned to standard and "appropriate" levels in the wake of...

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Bank of China Commits to Development of New Blockchain Applications

A senior tech executive from one of China's big state-owned banks has stressed the lender's commitment to the development and application of...

China’s Loan Prime Rate Unchanged for 14th Consecutive Month in June

The benchmark rate for the Chinese banking sector has held steady for the 14th consecutive month in the month of June. 

Guangxi Rural Credit Society Becomes 14th Chinese Bank to Establish Fintech Subsidiary

A rural lender in the south-western province of Guangxi has become the latest banking sector financial institution in China to launch its...

Chinese Central Bank Calls for Greater Adoption of Legal Entity Identifiers as Part of Financial Digitisation and Opening

A senior official from the Chinese central bank has called for driving the increased used of global legal entity identifiers (LEI's) in...