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…
Tagged By finance
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…
There Is Only One Empire: Finance
This notion of global empire being something like a baton that gets passed from nation-state to nation-state is seriously misleading, in my view, for this reason: There is only one global empire: finance. China and…
China Success Finance : VOLUNTARY ANNOUNCEMENT INCREASE IN SHAREHOLDING BY A CONTROLLING SHAREHOLDER
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim…
Could China Be Turning a Corner?
Doomsayers have plenty to work with in China. The country’s rapid buildup of debt — reaching approximately 260 percent of GDP, from 160 percent less than a decade ago — seems almost guaranteed to herald…
Lagarde: IMF Could Be Based in Beijing in a Decade
The International Monetary Fund could be based in Beijing in a decade if growth trends for China and other big emerging markets continue and these are reflected in the Fund’s voting structure, IMF Managing Director…
China penalizes nine banks for forex violations
Other banks penalized include local branches of Bank of Ningbo Co. and Agricultural Bank of China. Beijing has been ramping up efforts to halt a flood of money leaving the country in response to an…
China to boost foreign, private investment, defuse local gov’t debt risk
BEIJING, July 28 (Xinhua … and safeguarding the country’s financial stability, according to a statement issued after the meeting. ( read original story …)
China vows to curb rise in local government debt via ‘disguised channels’
BEIJING (Reuters) – China will resolutely curb the rise in hidden local government debt via “disguised channels”, although risks posed by the overall government debt load are generally under control, finance ministry officials said on…
Sino-US trade and investment relationship needs fairness and reciprocity
China is much less open to the US, especially in financial sectors such as banking, insurance, and electronic payments. However, the fact is that the opposite may also hold true. For the US, the financial…
Is the new financial information swapping scheme a ticking bomb for China’s richest?
Some of China’s richest individuals – who have been transferring substantial assets overseas for decades – could be vulnerable under a new schemeannounced recently, that tax agencies in Hong Kong and mainland China can collect…
