Tag: finance

BEIJING (Reuters) - China’s on Monday banned individuals and organizations ... citing data from a government organization that monitors online financial activity. ( read original story ...)

But smaller, national and regional lenders — which control about a third of China’s banking assets — are still feeling the strain, hit by a regulatory crackdown on risky activity that has made it difficult to sell some products and access the capital ... ( read original story ...)

When it stops growing it collapses." China has lots of first-rate infrastructure and talented people. But a financial crisis there would surely do damage to the world economy, including the US. Better for China to reform now, than to risk a financial ... ( read original story ...)

A self-regulatory organization focused on online finance in China has issued a warning to its members on initial coin offerings (ICOs). In a statement yesterday, the National Internet Finance Association of China warned that ICOs may be using misleading ... ( read original story ...)

... market has become a major source of financial risk and Beijing cannot rely on adjustments to monetary policy alone to resolve the “serious” problems caused by the sector, a central bank official wrote on Friday. Xu Zhong, head of the People’s ... ( read original story ...)

SHANGHAI/BEIJING, Aug 31 (Reuters) - China's central bank has barred financial institutions from issuing certain kinds of interbank loans as a funding loophole, as it continues to keep a tight grip on the potential for speculative financing. Institutions ... ( read original story ...)

BEIJING, Aug 31 (Reuters) - China's central bank said on Thursday financial institutions are not allowed to issue inter-bank negotiable certificates of deposit (NCD) with a tenor exceeding one year from Sept. 1. NCDs with a tenor of one year or less can ... ( read original story ...)

But smaller, national and regional lenders - which control about a third of China's banking assets - are still feeling the strain, hit by a regulatory crackdown on risky activity that has made it difficult to sell some products and access the capital on ... ( read original story ...)

The Chinese officials’ disclosures to the AP — an unusual move given the political sensitivity of Guo’s case in China — underscores Beijing’s urgent effort to not only bring a fugitive to heel on criminal charges but also silence a potent ... ( read original story ...)

China may not encounter a major financial crisis like the one that hit the United States almost a decade ago given the former's tight financial regulation and low household mortgage ratio, a senior economist said. "Many people are concerned that China may ... ( read original story ...)