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China issues 11-point policy package to boost consumer spending amid slowing retail sales

China has announced a new policy package to boost household spending by tightening coordination between commerce and financial regulators, expanding…

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China’s risky shadow banks back in spotlight after Beijing’s debt crackdown

China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap…

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Opinion | China needs high-quality financial development to support its five-year goals

President Xi Jinping’s speech at the fourth plenum of the Communist Party’s Central Committee last month outlined the guidelines for…

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Chinese vice-premier vows further opening up of financial sector

Vice-Premier He Lifeng has vowed that China will continue to expand the “high-level opening up” of its financial sector and…

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China’s Henan province merges 82 rural banks in new step to shore up financial stability

Authorities in Henan province, central China, have approved the merger of 82 small rural financial institutions into a single regional…

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China expands ‘circle of friends’ as overseas investors boost domestic assets

China’s top financial officials said the country’s assets have become much more attractive to overseas capital in the past year…

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China seeks to bolster demand by subsidising interest costs on consumer loans

China has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing’s broader efforts…

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New committee, bailout talk: is China launching a fresh property rescue effort?

China’s central bank confirmed on Friday that it had established a new financial stability committee to defuse the nation’s mounting…

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China spurs Nansha as Greater Bay Area’s third hub for innovations, finance, connectivity

China unveiled new measures to develop Nansha in the southern Guangdong province into a pilot zone for financial opening, making…

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China’s long, nagging property market downturn nears stabilisation: analysts

A prolonged downturn in China’s property market is approaching a point of stabilisation, analysts said, as low rates and affordable…

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