Thursday, April 15, 2021
Tags Chinese two sessions

Tag: Chinese two sessions

Banking

Chinese Central Bank Calls for Sweeping Amendments to Commercial Banking Law at Two Sessions Congress

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Seven members of the Chinese legislature representing the central bank have called for far-reaching amendments to the Commercial Banking Law (商业银行法) at...
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Banking

Two Sessions Sends Strong Signals on Support for Chinese Fintech Development

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The annual "Two Sessions" meeting of China's top legislative bodies has sent a slew of strong signals on the future development of...
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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

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The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

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The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March

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China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Banking CBNEditor - 0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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