Thursday, April 15, 2021
Tags Chinese two sessions

Tag: Chinese two sessions

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

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...

Two Sessions Sends Strong Signals on Support for Chinese Fintech Development

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

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

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