Wednesday, October 21, 2020
Tags Financial stability

Tag: Financial stability

Beijing Has Second Thoughts About Asset Management Regulations

In the wake of concerns that its new asset management guidelines could imperil financial stability, the China Banking Regulatory Commission has announced that it...

China’s Growth Ambitions Spur Credit Expansion, Undermine Financial Stability: IMF

The Chinese government's pursuit of overambitious growth targets - especially at the regional level-  is driving excessive growth in debt and compromising the stability...

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Chinese GDP Growth Rises to 0.7% in Third Quarter

China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...

Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...

Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...