China’s central bank has told some banks to slow the pace of lending to contain risks after new bank loans jumped to a record in January, three bankers with knowledge of the matter said.The People’s…
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China’s billionaire CEO Bao Fan disappears; share stock plunges
In a filing to Hong Kong Stock Exchange Market, Chinese Renaissance Holdings Ltd said that the company could not reach its founder Bao Fan.
China’s housing market will probably continue to drag on growth in the short term, says JPMorgan
Grace Ng of JPMorgan says China’s housing market is unlikely to return to being a major driver of growth in the medium to long term.
Bulk of valuation re-rating in China tech ‘is probably behind us,’ UBP says
Vey-Sern Ling of the bank says “the rally has fizzled somewhat.” Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox…
China to craft policies to boost consumer spending on housing
BEIJING: Chinese authorities said on Thursday they will craft policies aimed at stimulating spending on housing …
China, HK stocks fall as US data cloud China’s recovery hopes
BEIJING: China and Hong Kong stocks fell on Friday, dragged by some tech stocks, as upbeat US economic data revived market concerns that China’s central bank might delay more easing measures to …
China’s mortgage rate cuts spur prepayment rush, threaten bank earnings
China has been cutting mortgage rates since last year to boost sales in its moribund property market, but the main result so far has simply been a rush by households to pay off existing mortgages…
China’s elevated bank savings are valuable assets to back consumption
China’s central bank, the People’s Bank of China, recently released data saying aggregate bank savings increased by 26.3 trillion yuan ($3.92 trillion) in 2022, including 17.8 trillion yuan of …
How A U.S. Trade Loophole Called ‘De Minimis’ Is China’s ‘Free Trade Deal’
No one will consider you a dummy if you’ve never heard of the ‘de minimis’ trade provision at Customs and Border Protection (CBP). But China retailers SHEIN and Temu surely have. They wouldn’t exist …
China proposes overhaul of commercial banks’ risk-exposure rules as it looks to strengthen financial system
The differentiated risk weightings for assessing banks’ capital adequacy ratios can more accurately reflect overall risk levels and capacity for operating sustainably The proposed rules, which are now …
China to build differentiated capital regulatory system for banks
A pedestrian walks past the headquarters of the China Banking and Insurance Regulatory Commission in Beijing. [PHOTO/CHINA DAILY] China will build a differentiated capital regulatory system for …
Moneycontrol Pro Weekender | The view from Beijing
We are mostly accustomed to sources other than China to know about China’s views on current geopolitics and geo-economics. Now, here’s the view from Beijing …
Star Banker Vanishes in China, Stoking Fears of Renewed Beijing Crackdown
But the disappearance of a prominent banker has dredged up concerns about the heavy hand of Beijing and whether there will be more crackdowns in finance, technology and real estate. In 2015, one of …