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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...

AliPay Claims Active Daily Users Doubled in 2016

Chinese FinTech heavyweight Ant Financial claims that the number of its daily active users doubled last year. The AliBaba payment affiliate reports that over 450 million...

One Belt One Road to Increase International Clout of China’s Payments Sector: PBOC

The vice-governor of the People's Bank of China has called for the Chinese payments sector to use the One Belt One Road initiative to...

Latest stories

Chinese Central Bank Launches Three Year Campaign to Support Small Business and Private Enterprise in Beijing

The People's Bank of China has launched a new campaign to drive financial inclusion for small businesses and private companies operating in...

Bank of Communications Teams up with JD.com on 20M Yuan Digital Renminbi Giveaway in Shanghai and Suzhou

Big state-owned lender Bank of Communications (BOCOM) will work with e-commerce giant JD.com on a new digital renminbi giveaway that will be...

Local Asset Management Companies Set for New Rules to Address Regulatory Gaps

Chinese financial authorities are preparing new rules for the country's 58 local asset management companies (AMC), in order to address a lack...

ICBC Teams up with Chinese Chamber of Commerce to Drive Micro-loans

ICBC is one of six banks to team up with the All-China Federation of Industry and Commerce (ACFIC) to drive micro-lending to...