Monday, January 25, 2021
Tags Capital outflows

Tag: Capital outflows

Improved Regulatory Environment the Cure for Excess Capital Outflows: Yu Yongding

One of China's leading economists says inadequacies in the regulatory environment will continue to spur capital outflows by incentivising domestic companies to pursue profits...

China Banking Association Flags No Limit on Capital Outflows to One Belt One Road

The peak body for China's banking sector has flagged an absence of curbs on investment in projects related to the much-vaunted One Belt One Road...

NPL’s Stabilise as Capital Outflow Pressure Diminishes: PBOC

The vice-governor of China's central bank has said that non-performing loans have stabilised while capital outflows are on the wane as the country's economic growth retains momentum. "Following...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...