Wednesday, October 21, 2020
Tags Chinese financial sector

Tag: Chinese financial sector

Chinese Communist Party Touts Commitment to Further Economic Opening in Flagship Newspaper

The flagship newspaper of the Chinese Communist Party (CCP) has published an opinion piece in its finance section hailing further opening of...

Total Assets of Chinese Financial Institutions Exceed $50 Trillion as of Q2 2020

The latest official data points to a double-digit YoY rise in the total assets of the Chinese financial sector.

Shanghai Banking Sector Announces “Financial Services Initiative” to Stabilise Foreign Trade and Investment

The peak body for the Shanghai banking sector has unveiled a new initiative aimed at shoring up foreign trade and investment during...

Vigorous Financial Opening Measures Will Continue in 2020: China’s Banking Regulator

The China Banking and Insurance Regulatory Commission (CBIRC) has flagged the maintenance of efforts to further open the Chinese financial sector to...

Opening of China’s Financial Sector Has Hit a “Bottleneck”: Huang Qifan

A leading Chinese politician has highlighted the limitations of China's ongoing efforts to open up its financial sector to foreign participants.

Beijing Launches 11 Measures for Further Opening of China’s Financial Sector, Interbank Bond Market the Focus

The Chinese central government has unveiled a slew of new measures for further opening of the country's financial sector.

Chinese Central Bank Chief Calls for Further Opening of Financial Sector

The head of the People's Bank of China (PBOC) has called for a range of measures to further open up the Chinese...

Opening of Chinese Financial Sector Requires Reciprocity: CBIRC

A senior official from China's banking and insurance regulator says that the country's opening of its finance sector will entail reciprocal measures on the...

Will China’s Financial Opening Bring Back Foreign Capital?

Industry observers say that new measures to further open China's financial sector are likely to bring back the foreign capital that retreated at the...

PBOC Governor Outlines Six Key Measures for Opening of Chinese Finance Sector

Yi Gang (易纲), recently appointed governor of the Chinese central bank, has outlined six measures for further opening China's financial sector that are scheduled...

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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...