Saturday, March 6, 2021
Tags Guo Shuqing

Tag: Guo Shuqing

China’s Banking Regulator Highlights Success of Risk Containment Efforts in 2020, Focal Points for Policy in 2021

The head of China's banking regulatory has touted the progress of effort to contain risk in the Chinese financial system, while also...

Guo Shuqing Denies China Plies State Monopoly Capitalism, Says State-owned Enterprises Bear Twice the Tax Burden of Private Companies

The senior-most official in China's banking regulatory system has stressed the importance of the role played by the rapidly expanding private sector...

China’s Banking Regulator Warns of Data-driven Fintech Monopolies, Payments Giants Becoming “Too Big to Fail”

China's top banking regulator says that the fintech sector is more susceptibility to new forms of data-driven monopoly formation.

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.

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China UnionPay Enters Agreement with Malaysian Local Government on Mobile Payments Tool

Chinese payments giant UnionPay is further expanding its overseas reach with a new mobiles payments cooperative deal in Malaysia, amidst broader efforts...

Data Emerges as Key Topic at China’s 2021 Two Sessions Meeting, Delegates Call for National Data Platform, Data Sharing by Tech Giants

Data protections and data sharing have emerged as pivotal topics at China's Two Sessions congressional event for 2021, with delegates calling for...

China’s Market for Government Blockchain Projects Booms

Efforts by Chinese local governments to improve public service offerings are playing an increasingly important role in driving the growth of the...

China Reiterates Commitment to Curbing Speculative Investment in Property

A senior official from China's Ministry of Housing and Urban-Rural Development (MOHURD) has reaffirmed its long-standing commitment to keeping a tight lid...