Tuesday, January 19, 2021
Tags Chinese banking regulation

Tag: Chinese banking regulation

Chinese Banks Fined by CBIRC for Failure to Properly Report Financial Data

China's top banking regulator has heightened its scrutiny of the reporting of financial data by lenders, fining a slew of big state-owned...

China to Establish Reporting System for Improper Conduct in Banking Sector

The China Banking Regulatory Commission is calling for lenders to establish internal systems for the reporting of improper conduct on the part of 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...