Tuesday, May 18, 2021
Tags Finance

Tag: Finance

New RMB Lending for July Expected to Rise 72.6% YoY, M2 Growth Seen Bouncing Back

A new survey of analysts sees new lending of 800 billion yuan in July, for a slide compared to the preceding month yet a...

Debt Clampdown Compels Local Government to Renege on Bank Commitment Letters

A clampdown on local government borrowing practices by Beijing is already having an impact on regional finance, putting authorities in the difficult position of...

Are Financing Costs Easing for Chinese Enterprise?

A new study from the Chinese Academy of Fiscal Science indicates that policy measures could be proving effective at tamping down the cost of...

China’s Central Bank Says Smooth, Orderly Deleveraging Must Continue

The assistant governor of China's central bank has said that it will continue to pursue a "smooth and orderly" deleveraging that will reduce the...

Ministry of Finance Claims Success in Curbing Local Government Debt

Beijing says that government debt risk still lies within "controllable" limits, while also resolving to dissipate accumulated local government financial risk and control growth...

China’s Economy is Already Over Financialized: Vice-head of NPC Standing Committee

The former vice-chairwoman of the 10th Standing Committee of China's National People's Congress said one of the byproducts of the breakneck growth of the...

Central Government Warns Against Reversal of Deleveraging to Drive Growth

One of the Chinese government's senior-most financial authorities has warned against reversing the ongoing deleveraging efforts of regulators just for the purpose of propping...

Moody’s Upgrades Outlook for China’s Banking System from Negative to Stable

Moody's Investor Services has just revised it outlook for China's banking system from negative to stable, following the implementation of concerted policy measures to...

China’s Financial System a Conduit for Channelling Funds to Infrastructure, Real Estate: CASS Report

A new research report from one of China's leading think tanks indicates that asset management companies are serving as a conduit for channeling funds...

Top Financial Think Tank Says China Can Learn from America’s Mistakes

The head of one of China's top think tanks says that the heavy emphasis placed upon regulation of the Chinese financial sector comes as...

Most Read

China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...

ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....

PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...

Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...