BEIJING (Reuters) – China’s overall debt levels are still high, despite initial results achieved by its deleveraging efforts, a central bank official said in the bank’s China Finance magazine on Monday. China will strengthen coordination…
FINANCE
Signs mounting of traditional build-up to serious financial crisis, which is just being put off with another bout of easy credit
Was it really a dereliction of duty on the part of regulators not to close the market in early 2015 when the authorities in Beijing were chortling about how greatly the general public was helping…
China’s Financial Missteps Continue
The financial missteps in China have continued and it will only be when their economy falters that we will learn to what extent or hear more stories about how they have masked their problems. China…
China orders insurer Anbang to sell foreign assets: report
Beijing (AFP) – China has ordered Anbang Insurance Group, the conglomerate which owns New York’s historic Waldorf Astoria hotel, to sell its overseas assets, Bloomberg News reported Monday. The financial news agency, which cited unidentified…
How China’s biggest bank became ensnared in a money laundering probe
Established residents and an influx of new immigrants, many from Qingtian County in China’s Zhejiang Province, found that the global financial crisis provided an ideal opportunity to expand. Their goods were cheap and Spanish businesses…
China c.bank to ensure smooth, orderly deleveraging, assistant governor says
BEIJING, July 31 (Reuters) – China’s central bank will continue to force financial institutions to cut debt but ensure the process is smooth and orderly to limit its impact on market liquidity, an assistant central…
Exclusive: China Construction Bank nominates Bank of China boss to be its next chairman – sources
… as top bosses at China’s powerful big four state banks normally get promoted to high-ranking positions at China’s financial regulatory bodies, said a source familiar with the matter. Tian was previously widely regarded in…
China’s оverall Debt Levels Still High, Central Bank оfficial Saуs
a central bank official said in thе bank’s China Finance magazine оn Mondaу. China will strengthen coordination оf supervision аnd stabilize market expectations while steadilу pushing ahead with deleveraging, said Zhang Xiaohui, assistant governor ……
Special Report: How China’s biggest bank became ensnared in a sprawling money laundering probe
Established residents and an influx of new immigrants, many from Qingtian County in China’s Zhejiang Province, found that the global financial crisis provided an ideal opportunity to expand. Their goods were cheap and Spanish businesses…
China’s top banking regulator to enhance risk control
BEIJING, July 29 (Xinhua) — China’s top banking regulator will increase efforts to prevent and control risks in the banking sector. The country’s banking sector’s risks are generally manageable but more measures should be taken…
China’s financial watchdogs vow to clean up their mess after rebuke by Xi Jinping
China’s financial regulators, which have avoided being merged into one super regulator, have pledged to redouble their efforts to fend off financial risks, after their failure of duty was publicly criticised at a financial meeting…
What’s next for China’s booming fintech sector?
The fast and furious growth of the country’s Internet finance industry will inevitably slow. Companies need to begin positioning themselves for sustainable success. China’s Internet finance industry has boomed in recent years. The country leads…
Are the lights finally out for China’s biggest overseas acquirers?
which sets the scene for the country’s financial sector for the next five years, was a little different from the last. The twice-a-decade meeting of China’s top financial regulators and provincial governors – traditionally hosted…
