Thursday, April 15, 2021
Tags Foreign banks

Tag: foreign banks

Entry of Foreign Banks Will Benefit Chinese Consumers: HSBC’s Asia Chief

The regional head of HSBC says that China's loosening of the entry requirements for foreign banks will bring major benefits to the country's financial...

Foreign Banks in China Still Hampered by Restrictions on Deposit-taking

The introduction of new regulations that give greater latitude to foreign banks in China are expected to impact three key areas, yet insiders say...

China Makes Life Easier for Foreign Banks

China's banking regulator has wound back restrictions on the domestic operations of foreign banks in several key areas. The China Banking Regulatory Commission has unveiled...

China’s Deleveraging Drive Pushes Foreign Bank Loans to Record Heights

Foreign banks are taking advantage of the constrained credit conditions created by Beijing's deleveraging drive to lend record-breaking sums to Chinese borrowers. The total exposure of...

Foreign Banks Continue to Flock to Shanghai

The number of foreign-invested financial institutions setting up shop in Shanghai has continued to increase in 2017. During the first half of the year a...

Beijing Flags Support for Private and Foreign Investment in New Joint-venture Banks

China's senior-most government bodies have flagged further support for the participation of private and foreign capital in the establishment of joint-venture banks in economic trial...

Most Read

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...