Monday, November 30, 2020
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Securities Regulator Intent on Tackling Shadow Banking Channels

Channel business is the next target for Chinese regulators intent upon deleveraging the economy and curbing rampant growth in the shadow banking sector. The China Securities Regulatory...

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Chinese Central Bank Won’t Engage in Monetary “Irrigation” Or Leave Market Short of Cash: PBOC Q3 Monetary Execution Report

The People's Bank of China (PBOC) has flagged the maintenance of moderate monetary policy settings following the Chinese economy's gradual recovery from...

Bank of Communications Fintech Subsidiary Officially Opens for Business in Shanghai’s Nanhui New District

Big state-owned lender Bank of Communications (BOCOM) has joined the ranks of Chinese financial institutions that have established their own fintech vehicles....

Zheshang Bank Plans to Invest 2B Yuan in Launch of Fully Invested Wealth Management Subsidiary

Regional lender China Zheshang Bank hopes to join the ranks of Chinese banks that operate their own wealth management subsidiaries.

Chinese Central Bank Commits to Financial Opening, Warns of Anti-Globalist Sentiment

A senior official from the Chinese central bank has warned of the international resurgence of anti-globalist sentiment, while stating that further opening...