Goldman trying to increase its current 33% stake to a majority of 51%
Shenzhen will be given more autonomy in policy making as China tries to rely less on Hong Kong
Unlike the current “dual track” interest rate system, the new LPR will be based on the prime interest rates of 18 banks.
Authorities’ main purpose in developing a digital currency is to improve insight into transactions throughout the economy, as well as increasing overall control of the money supply. The digital currency should also reduce transaction costs as well as …
The new rules should help to add a measure of transparency and stability to the WMP market. As an increasing number of commercial banks look to …
Shanghai lowers assets threshold and removes requirements of paid-in capital as well as previous domestic investment to encourage foreign companies to headquarter in Shanghai
SAFE chief accountant indicated impacts Libra might have on China’s foreign exchange management and suggested policy solutions
12 Chinese-funded companies and 22 foreign-funded companies took part in the symposia.
The open of elderly-care market of Guangdong may be a test for further open the market of mainland
JPMorgan won the bid with RMB 241.3 million to claim 2% share from its JV partner, making JPMorgan the first foreign company to have majority control of a mutual fund in China.
Ping An is trying to expand its market in China by buying part of Huaxin life
Health insurance premiums had grown by a third as Chinese people worry more about healthcare expenses recently
The new rules continue to improve the previous regulations for Systemically Important Financial Institutions
H2 may see a slight increase in liquidity support but financial support will remain at its current level
Nomura will be the second foreign company to have majority control in brokerage.
The PBoC teleconference indicated that financial sector opening will continue, so as the de-risking and support to SMEs
PBoC urges lenders to prioritize loans to the manufacturing sector and rein loans offered to the property sector.
Shenzhen pushes foreign exchange reform by broadening the scope of financing options for enterprises
Revision of the regulations governing foreign insurance companies is a crucial, practical step that regulators must take to allow more foreign investment…
While this study campaign may seem esoteric, it is co-opting time at all levels of the government – including all of the major financial regulators. Essentially, the campaign is an effort to…