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Chinese bank run
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Chinese bank run
Banking
Chinese Central Bank Pins Failings of Small Regional Lenders on Lack of Communist Party Influence
CBNEditor
-
August 3, 2020
0
A senior official from the People's Bank of China (PBOC) has pointed the finger of reproach at poor corporate governance and lack...
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Banking
Two Women Arrested in Hengshui for Triggering Bank Run Panic via Online Rumours
CBNEditor
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July 16, 2020
0
Police in Hebei province have arrested two people over the spread of online rumours that threatened to trigger a local bank run
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Banking
China to Step up Liquidity Management for Smaller Lenders Following Two Bank Runs in Two Weeks
CBNEditor
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November 13, 2019
0
China's banking regulator has flagged tighter liquidity management for smaller banks after a second regional lender succumbed to a bank run within...
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Banking
Baoshang Bank Takeover Helped Forestall Bank Run: Renmin University’s Dong Ximiao
CBNEditor
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May 29, 2019
0
One of China's leading financial scholars has weighed in on the recent decision by Chinese regulators to take over the problem-fraught Baoshang...
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Most Read
Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding
Banking
CBNEditor
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October 29, 2020
0
The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...
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ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province
Fintech
CBNEditor
-
October 29, 2020
0
ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...
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Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade
Fintech
CBNEditor
-
October 29, 2020
0
Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.
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Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC
Banking
CBNEditor
-
October 29, 2020
0
The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...
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