Tuesday, December 1, 2020
Tags Guo Shuqing

Tag: Guo Shuqing

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

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...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

A survey from HSBC indicates that China has edged out the US as the biggest foreign market for firms located in the...

Strategist Advises Investors to Raise Chinese Portfolio Allocations to 20% in Preparation for “New World Order”

A Singapore-based investment strategist recommends lifting Chinese assets to around 20% of portfolios during the course of the 2020's, in order to...

State-owned Bond Defaulter Owes USD$5.1 Billion to Chinese and Foreign Creditors

A state-owned automaker who defaulted on a 1 billion yuan bond in October owes many billions more to multiple creditors in China...

Meituan Posts 364.6% Profit Growth in Third Quarter of 2020

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