BEIJING (Reuters Breakingviews … trust companies and asset managers. Such non-bank financial institutions held $3.7 trillion in loans as of November, according to central bank data. The non-bank financial sector is overseen by a host…
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China's banking regulator to bolster private bank supervision
BEIJING Jan 5 China’s banking regulator on Thursday issued guidelines aimed at strengthening governance at the country’s emerging private banks, the latest move by regulators to beef up risk management among financial services firms. The…
'China's Growing Influence On Asian Financial Markets'
Today we are pleased to present a guest contribution written by Serkan Arslanalp, senior economist at the IMF. This post is based on the paper by the same title, co-authored with Wei Liao, Shi Piao,…
China’s Credit Engine Is Running Out of Gas
The People’s Bank of China faces a reckoning after revving its credit engine for years. Three conditions suggest traditional financing and shadow banking are due to cool: Restrictions on property markets are poised to start…
China steps in to support yuan again as Trump inauguration nears
HONG KONG (Reuters) – China stepped into both its onshore and offshore yuan markets to shore up the faltering yuan for a second day on Wednesday, sparking speculation that it wants a firm grip on…
China’s Pakistan bourse stake to boost ties
The three exchanges – China Financial Futures Exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange – will take a combined 30 percent, while the remaining 10 percent will be halved between their local partners –…
China December factory activity rises to near 4-year high – Caixin PMI
BEIJING (Reuters) – China’s factory activity picked up more than expected in December as demand accelerated, with output reaching a near six-year high, a private business survey showed on Tuesday, giving the manufacturing sector a…
China central bank injects $124.9 billion in Dec, up 13 percent from Nov
BEIJING (Reuters) – China’s central bank injected a total of 868.75 billion yuan ($124.90 billion) via short- and medium-term liquidity tools in December, its data showed on Tuesday, as it continues to support credit expansion…
China should set more flexible GDP growth target in 2017: central bank adviser
BEIJING China should set a more flexible economic growth target this year to create more room for reforms, a central bank adviser told the official Xinhua news agency, suggesting a range of 6.0 to 7.0…
China's new rules on yuan transfers are not capital controls – Xinhua
Starting in July 2017, banks and other financial institutions in China will have to report all domestic and overseas cash transactions of more than 50,000 yuan ($7,201), compared with 200,000 yuan previously, the central bank…
South Korea considers 'measures' as China blocks charter flights
South Korean Finance Minister Yoo Il-ho said on Sunday he would look into whether China’s decision, which came ahead of a traditional surge in Lunar New Year travel, was “related to” the planned deployment of…
China’s small banks vulnerable to bond sell-off, analysts say
Nonetheless, the fact that the People’s Bank of China still seems able and willing to step in, means that any major crisis remains some way off still. On Friday, yields of Chinese 10-year government bonds…
China central bank adviser calls for flexible 2017 growth target
China’s economy grew 6.7 percent in the third quarter from a year earlier and looks set to achieve the government’s full-year forecast of 6.5-7 percent, buoyed by higher government spending, a housing boom and record…
