Saturday, April 10, 2021
Tags Wang Zhaoxing

Tag: Wang Zhaoxing

“Empty Financing” by Lenders Is Being Effectively Contained: China’s Banking Regulator

Wang Zhaoxing (王兆星), vice-chair of the China Banking and Insurance Regulatory Commission (CBIRC), believes that regulators have achieved some initial success in containing "empty...

Stop Major Shareholders from Controlling Banks: China Banking Regulator

The deputy head of the China Banking Regulatory Commission says that financial regulators will prevent major shareholders and "insiders" from exercising control of banks. In...

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...