Central Bank

Non-Banking Institutions’ Impact on Financial Stability Cannot Be Ignored, China’s Central Bank Says

Non-Banking Institutions’ Impact on Financial Stability Cannot Be Ignored, China’s Central Bank Says

Commercial banks still dominate China’s finance sector, but the influence of non-banking financial institutions cannot be ignored, said the People’s Bank of China, the nation’s central bank.

May 18, 2017
Yicai Global
China’s Lending, Social Financing Beat Expectations in April; M2 Growth Dropped to a Nine-Month Low

China’s Lending, Social Financing Beat Expectations in April; M2 Growth Dropped to a Nine-Month Low

The amount of loans and social financing supplied in China in April beat expectations, while broad money supply (M2) growth dropped to a nine-month low.

May 18, 2017
Yicai Global
China’s Central Bank Confirms Plans to Release New Bitcoin Regulations in June

China’s Central Bank Confirms Plans to Release New Bitcoin Regulations in June

The value of a bitcoin soared 267 percent on the year to CNY12,450 (USD1,805) on Sunday, state-owned broadcaster CCTV reported…

May 18, 2017
Yicai Global

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