The draft finance law, released by the Ministry of Justice, central bank and three other regulators, will solicit feedback until April 19 A newly released draft of China’s finance law has proposed …
FINANCE
China plans major overhaul of financial oversight, draft law shows
BEIJING/HONG KONG, March 20 (Reuters) – China will strengthen its supervision of the financial sector and increase its penalties for illegal activities in a move to streamline its oversight, a draft …
China proposes stricter financial oversight in draft law
BEIJING/HONG KONG, March 20 (Reuters) – China will strengthen financial supervision and step up penalties for illegal activities in the financial sector, as part of efforts to streamline financial …
China’s central bank pledges stability in capital markets amid global sell-off
With worries over the Iran war driving down stock prices, the People’s Bank of China has named market stability as a ‘major task’ in 2026 China’s central bank named the continued stability of the …
How China’s CIPS could gain from Iran war and challenge dollar grip
As Iran crisis disrupts key trade routes, China’s expanded payment system now offers a pathway to settle transactions outside the dollar system, though its scale remains limited …
China invests $120BN in overseas resource mining and processing- report
The report finds Chinese investment strengthens mineral supply chains and expands clean energy in developing regions.
How China opened the door to creating a direct rival to US payment systems
Beijing has removed several key restrictions on its payment system, allowing it to expand beyond yuan settlements, economist says China’s recent changes to the rules governing its global payment …
JPMorgan names Goldman’s Yi Zhang as China investment banking co-head
Zhang is expected to join during the summer and will work alongside Michelle Wang, who will continue in her role as co-head for the region.
Beijing financial court targets internet finance and AI legal risks
Beijing Financial Court has committed to effectively handling emerging internet finance cases, curbing virtual currency speculation, and enhancing legal risk assessments for artificial intelligence …
China cannot escape the energy shock
As such, it is one of the ways China is shielding citizens from the effects of the war in Iran, which has trapped oil tankers on either side of the Strait of Hormuz and damaged…
JPMorgan Chase Hires New Co-Head of China Investment Banking
JPMorgan Chase has hired veteran banker Yi Zhang as co-head of China investment banking, the latest in a series of recent senior hires to strengthen its Asia-Pacific business.
UK-China financial forum targets market access
The meeting, established by HM Treasury and the PBoC as a follow-up to the UK-China Economic and Financial Dialogue, covered macroeconomic developments, financial supervision, regulatory co-operation, …
China will stick to ‘more proactive’ fiscal policy in 2026 to ensure stable economic growth: finance ministry
VCG. China’s Finance Ministry has pledged to continue implementing a ‘more proactive’ fiscal policy in 2026 to ensure a solid start to …