China’s powerful financial sector has officially been put on notice. Xiang Junbo, chairman of the China Insurance Regulatory Commission (CIRC), was placed under investigation for “severe disciplinary violations” last week, according to the Chinese ……
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China tightens financial conditions more visibly to stem asset bubbles: CICC
A notable deceleration of China’s credit expansion indicates a more prudent monetary policy stance enabling it to address inflating asset bubbles, according to a recent report by China International Capital Corp. (CICC). Adjusted growth of…
China Raises CPEC Investment to $62b
China has again hiked its investment in the China Pakistan … fuel growth and the country is likely to achieve the GDP growth rate of 5% during current financial year. In fact, a number of…
Trump Says China ‘Working With Us’ on North Korean Issue
President Donald Trump explained the decision to not label China a currency manipulator, which reversed a promise he made during the election campaign, as a function of receiving Beijing’s help in reining in North Korea.…
Trump pulls his punches on China and Germany
Trump’s policy reversal on China sends a signal to global finance chiefs ahead of next week’s meeting in Washington, D.C., that Trump could soften the aggressive trade positions he staked out during his campaign. (…
China and Canada in a game of economic footsie
The two leaders agreed on a 100-day plan to discuss the American trade deficit. China even identified some concessions it was willing to make, the Financial Times reports but the Chinese are pointedly exploring other…
Report shows gap between Asian and Western financial hubs is narrowing
A tourist poses in front of the bull statue at the Bund in Shanghai. The city has progressed in rankings of global financial centers. [Photo by Yan Daming/For China Daily] The wide gap in financial…
China gets tougher on financial market malpractice
Those involved in illegal financial market activities such as insider trading have reasons to be fearful, as Chinese authorities are escalating efforts to put financial markets under stricter scrutiny. Adding to the recent slew of…
China Intensifies Efforts to Curb Financial Market Malpractice, Addresses Banking Risks
authorities are stepping up efforts to crack down on financial market malpractice such as insider trading, while the China Banking Regulatory Commission (CBRC) unveiled new measures aimed at addressing risks in the banking sector, the…
China central bank official urges efforts to boost green financing
China is pushing the development of green finance to support its industrial upgrading and anti-pollution campaign. According to credit rating agency Moody’s, green bond issues worldwide hit a record high of 93.4 billion U.S. dollars…
US, China Visit: Why Trump is in the Driver's Seat
However, China may be the country with more to lose economically, Brian Brenberg, chair of the Program in Business and Finance at The King’s College, told FOX Business. “The United States has the upper hand…
BRIEF-China Finance Online reports about 43 pct fall in Q4 new revenue
* China Finance Online reports fourth quarter and full year 2016 unaudited financial results * China Finance Online Co Ltd qtrly net revenues were $19.2 million, down 42.8% year-over-year * China Finance Online Co Ltd…
China's shadow banking rebounds in March, household loans surge despite curbs
BEIJING (Reuters) – China’s banks unexpectedly extended less credit in March than in the previous month as the government tries to contain the risks from an explosive build-up in debt and an overheating housing market.…