Monday, April 12, 2021
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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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....