Monday, January 18, 2021
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Tag: Ma Jun

FSDC Frets over Blockages in China’s Monetary Policy Transmission Mechanisms

China's Financial Stability and Development Committee (FSDC) has called for further "clearing out" of monetary policy transmission mechanisms, while a senior PBOC official has...

Replace China’s GDP Growth Targets with Employment Stability: Ex-PBOC Research Chief

The former chief economist of the People's Bank of China's research department has called for Beijing to replace its long-standing GDP targets with employment...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...