Wednesday, April 14, 2021
Tags Chinese asset management rules

Tag: Chinese asset management rules

Tsinghua University Report Calls for China to Extend Transitional Period for New Asset Management Rules until 2022

A new report from the Chinese central bank's finance school has called for an extension of the transitional period for key asset...

Banks Remove Guaranteed Principal WMP’s Due to New Asset Management Rules

Chinese banks are already suspending the sale of wealth management products (WMP's) with guaranteed principals, following the launch of new asset management regulations that...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...