China’s financial sector should further strive to cement economic growth and fend off potential risks while seeking high-level opening-up and creating a level playing field for global investors, …
FINANCE
China tested hypersonic weapons twice, ‘stunned’ US: Report
US president concerned about report but one expert says technology is not new as he warns of ‘pointless’ arms race.
China aims for better finance environment through regulation, innovation
China strives to create a better finance environment through strengthened laws, regulations, and innovation, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, told Xinhua …
Yahoo Finance app pulled from Chinese App Store
Yahoo Finance appears to be the latest victim of China’s suppressive internet regulations, as the iOS app used by many to access foreign news coverage is no longer available in that country’s App …
DBRS Morningstar: China’s Balancing Act: Containing Property Sector Leverage While Preserving Financial Stability
Slowing property sales and tighter financing requirements has brought Evergrande Group, China’s largest property developer, to the brink of default. Several other developers have also missed bond …
Beijing updates list of approved news sources, tightening its control over internet content
The Cyberspace Administration of China has updated a list of state-run media outlets that others are allowed to republish, as Beijing continues its crackdown on internet content.
Zero tolerance to monopoly and illegal financial activity
GUO SHUQING, secretary of the Party committee of the People’s Bank of China, and chairman of the China Banking and Insurance Regulatory Commission, recently fielded questions from the media on the …
Beijing should let China’s economy stand on its own two feet
One day in 1986, I went to a bank branch in the Sanlihe area of Beijing to withdraw money to buy a typewriter. At the time, I was an officer at the People’s Bank of…
China Tech ETF Balloons to Record Size as U.S. Cash Floods In
Turns out, China’s tech crackdown is having few lasting effects on U.S. investor demand for the country’s megacap technology stocks.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for …
Chongqing Three Gorges Bank Chairman Is Placed Under Investigation
Ding Shilu, chairman of Chongqing Three Gorges Bank, is being investigated on suspicion of breaking the law, according to Chongqing’s municipal commission for discipline inspection. Questions over the …
China’s tech crackdown will see ‘more substantial progress’ by year’s end, Beijing vows
Economic uncertainties and diminishing GDP growth also prompt high-level warnings on financial risks, while Beijing is considering various tools and channels to help struggling private businesses.
Interview: China aims for better finance environment through regulation, innovation
China strives to create a better finance environment through strengthened laws, regulations, and innovation, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, told Xinhua …
Chinese officials say risks controllable in China’s housing market amid Evergrande’s debacle
Cranes are seen at a construction site of a housing complex in Beijing on Thursday. Photo: VCG. Risks in China’s housing market remain overall controllable despite individual prob …
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