Monday, January 18, 2021
Tags Chinese bank deposits

Tag: Chinese bank deposits

Chinese Banks See Outflows of Household Deposits in April as Consumption and Housing Demand Recovers

Official data from the Chinese central bank points to a sizeable contraction in household deposits in the month of April, with analysts...

Structured Deposits of Chinese Banks Surge 1.19 Trillion Yuan in January, PBOC Concerned over Guaranteed Yields

Official data points to a surge in the structured deposits of Chinese banks in the first month of 2020.

45% of Chinese Depositors Want to Save More: PBOC

A new report from the Chinese central bank indicates that nearly half of depositors surveyed want to increase their savings.

Beijing Steps up Scrutiny of Deposit Levels and Canvassing by Chinese Banks

China's top financial authorities have issued a new circular that seeks to tackle the use of "illicit means" by banks to falsely inflate their...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...