Tuesday, December 1, 2020
Tags Guo Shuqing

Tag: Guo Shuqing

Finance

China’s Banking Chief Says Finance Determines the Fate of Empires, Strengthening of CCP Leadership Will Be Key Post-COVID-19

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The senior-most official for China’s banking regulatory system has outlined its policy priorities in the wake of the COVID-19 pandemic, while also...
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Economy

China’s Banking Chief Slams US for Trade Protectionism and Quantitative Easing, Says Negative Impacts “Hard to Imagine.”

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The senior-most official for China's banking regulatory system has harshly rebuked the US for the adoption of protectionist measures and profligate stimulus...
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Economy

Guo Shuqing Hails Efforts to Contain Internet Finance Perils, Warns of Fintech-related Risk

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Guo Shuqing (郭树清) chair of the China Banking and Insurance Regulatory Commission (CBIRC) and party chief of the Chinese central bank, has...
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Banking

China’s Banking Regulator Forecasts $331B Surge in Disposal of Non-performing Loans in 2020

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China's banking regulator forecasts a considerable rise in the disposal of non-performing loans (NPL) in 2020, due to the economic impacts of...
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Finance

China’s Banking Regulator Calls for Further Growth of Capital Markets and Direct Financing

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The top regulator for China's banking system has called for greater development of the domestic capital market in the second half of...
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Finance

Improvements to Corporate Governance the Top Priority for Chinese Financial Reform: Guo Shuqing

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China's top banking regulator has highlighted improvements to corporate governance levels as a key priority for reform of the financial sector.
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Banking

China’s Top Banking Regulator Says No Irrigation Stimulus, Deficit Monetisation or Negative Interest Rates

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The senior-most official in China's banking system has flagged fiscal and monetary restraint despite the economic impacts of the COVID-19 pandemic.
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Banking

Beijing Will Continue to Dismantle Shadow Banking, Contain Real Estate Bubble: Guo Shuqing

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One of the Chinese banking system's top regulators has flagged continued pressure on the shadow banking system and real estate speculation.
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Banking

No One Can Stop the Rise of China: China’s Top Banking Regulator

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China's senior-most banking official has weighed in on the ongoing Sino-US trade dispute. In...
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Banking

CBIRC Chair Guo Shuqing Hails Effectiveness of China’s Financial Inclusion Drive

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The head of China's banking authority says that its financial inclusion drive has already proven successful in reducing the cost and difficulty...
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China Eclipses US as Leading Overseas Market for Asia-Pacific Companies: HSBC Survey

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A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...
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Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

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A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...
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State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

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A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...
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Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

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Online shopping giant Meituan-Dianping has posted a strong performance in the third quarter of 2020 as China's economy continues to convalesce from...
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