Monday, April 12, 2021
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Banking Sector Assets Reach 239 Trillion Yuan in August

The latest official figures indicate that Chinese bank loans staged a modest rebound in August. Data from the China Banking Regulatory Commission indicates that the...

China’s Top 500 Companies See Asset-Profit Ratios Drop to 10 Year Low

The asset-profit ratios of China's top 500 companies have fallen to a decade-long low as asset expansion outpaces growth in revenues. The latest "2017 China...

CASS Report Says China’s Total Government Assets Equal to 180% of GDP in 2015

A new study from the China Academy of Social Sciences indicates that the Chinese government's total assets are more than sufficient to cover its...

Central Bank’s $5tn Balance Sheet Set to Hold Steady Until 2018

The latest survey of People's Bank of China observers by Bloomberg has found that most expect its USD$5 trillion balance sheet to hold steady in size or even...

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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

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....