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Economy

Beijing Tells Insurance Sector Not to Covertly Fund Local Governments

CBNEditor - February 19, 2018 0

China's insurance regulatory has cautioned the country's insurance funds against providing covert funding to local governments, amidst a crackdown on regional debt. Chen Wenhui, deputy...

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

Banking CBNEditor - April 14, 2021 0

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

Finance CBNEditor - April 14, 2021 0

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

Economy CBNEditor - April 14, 2021 0

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

Banking CBNEditor - April 14, 2021 0

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...

Tag: Insurance funds

Most Read

Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

Chinese CPI Bounces Back into Positive Territory in March

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

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