Tag: banking

in its biannual financial stability report. "Vulnerabilities in China remain pronounced" according to the report and the Bank listed the country as one of a number of risks to Britain's economy. China's debt has now reached an eye-watering 257 per cent of ... ( read original story ...)

DALIAN, China -- Beijing possesses the tools to avert damage that could result from the financial risks facing the world's second-largest economy, Chinese Premier Li Keqiang said Tuesday at the World Economic Forum here. Li, China's second-ranked leader ... ( read original story ...)

In the past decade, shadow banking has taught China great lessons about capitalism. That is, except for the most important one: failure. Since the 2007 financial crisis, China has poured more than $600bn into the economy to avoid getting caught in the ... ( read original story ...)

SHANGHAI, June 28 China's securities regulator has stepped up efforts to protect investors' interests, publishing a set of know your customer rules on Wednesday that restrict financial institutions from selling risky products to inexperienced investors. ( read original story ...)

In its Financial Stability Report released Tuesday, the central bank noted that Brexit, high levels of indebtedness in China and an increase in consumer credit in the U.K. as potential risks. According to the IIF, despite the fact that debt levels have ... ( read original story ...)

In the early 1980s, people in China had a one-stop shop for all their banking needs: the People’s Bank of China. It was, in fact, the only bank in China at the time, as well as the central bank. During the early years of economic reform in the country ... ( read original story ...)

SHANGHAI China's central bank said it will skip open market operations for the third consecutive day on Tuesday as liquidity levels in the banking system were "relatively high". "Fiscal expenditure were increasing towards the month-end to counter maturing ... ( read original story ...)

The China Banking Regulatory Commission on Friday reiterated its determination to contain property bubbles in "some" regions, Securities Daily reported. Guo Shuqing, chairman of the banking regulator, urged banks to carry on differentiated mortgage loan ... ( read original story ...)

Every public appearance by Zhou Xiaochuan could potentially be his last as China’s central bank governor. After a remarkable 15 years at the helm of the People’s Bank of China — the longest of any PBoC governor — Mr Zhou is expected to step down ... ( read original story ...)

(Beijing) — Deposit-hungry Chinese lenders should refrain from using improper tactics to solicit deposits from government offices and state-owned enterprises, the country’s banking regulator warned Monday. The China Banking Regulatory Commission (CBRC ... ( read original story ...)