A $3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated shadow-banking industry as the nation’s prolonged property slump risks spilling over into the financial …
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China issues 11-point policy package to boost consumer spending amid slowing retail sales
Beijing asks financial institutions to help increase domestic demand by making it easier to access credit and shifting focus to services.
China’s small bank mergers shrink sector but raise financial risks
Many of China’s newly merged small banks have seen profits fall and capital buffers shrink over the past year, a Reuters review of data showed, testing Beijing’s record consolidation drive designed to …
The Asian Infrastructure Investment Bank’s first president defends China’s role as ‘responsible stakeholder’ in a less multilateral world
Jin Liqun, the first president of the AIIB, talks international cooperation, infrastructure, and investment in an interview with Fortune.
China intensifies financial support to spur consumption
The document, jointly released by the Ministry of Commerce, the People’s Bank of China, and the National Financial Regulatory Administration, outlines measures to guide financial institutions in …
China urges stronger coordination between business and finance systems to spur consumption
China’s commerce ministry and financial regulators have urged local authorities to promote stronger coordination between business and financial systems to boost consumption, a joint statement showed …
Beijing blocks stablecoins to keep money under state control
China’s pause on Hong Kong stablecoins lays bare a simple truth — digital finance can evolve in China, but only on terms that keep the state firmly at the centre.
China to Issue Ultra-Long-Term Special Government Bonds in 2026
China’s finance ministry plans to issue ultra-long-term special government bonds next year, with proceeds used to support major national strategies and security initiatives.
China’s November new loans miss forecast as housing slump persists
China’s new bank loans rose less than expected in November, weighed down by a sharp slowdown in household borrowing amid a prolonged property slump, as policymakers pledged more stimulus next year.
China’s November new bank loans rise to 390 billion yuan, missing forecast
Chinese banks extended 390 billion yuan ($55 billion) in new loans in November, up from 220 billion yuan in October but missing expectations, according to Reuters calculations based on data from the …
Beijing-Based Cryptocurrency Trading Exchanges Told to Announce Trading Halt
Under the impact of the Chinese government’s recent formal notices of halting ICOs, Notice 99 and Joint Notice released on September 2, 2017 and September 4, 2017 respectively [1], Beijing authorities …
Focus: China’s small bank mergers shrink sector but raise financial risks
Many of China’s newly merged small banks have seen profits fall and capital buffers shrink over the past year, a Reuters review of data showed, testing Beijing’s record consolidation drive designed to …
China signals it will rely on fiscal stimulus to manage economy in 2026
China signaled on Thursday it will rely on fiscal stimulus to manage the economy in 2026, pledging to maintain a “necessary” budget deficit and debt levels to shore up growth while tackling local …
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