Friday, October 23, 2020
Tags Pension funds

Tag: Pension funds

Beijing Plans to Raise Personal Contributions to Age Pension Funds

Beijing has launched new policies to bolster personal contributions to China's age pension funds as well as stabilise payment adjustments. On 23 January China's Central...

Think Tank Warns of Impending Chinese Pension Dilemma

A new report from one of the China's leading think tanks warns that the country's pension system could soon run aground due to demographic...

10% of State-owned Enterprise Equity Will Be Used to Plug Pension Fund Gaps

China's State Council has announced that it will use a chunk of state-owned enterprise (SOE) equity to fill in the sizeable gaps in the...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...