Working Group News

2012-11-16 > All chapters

Chinese banks' bad loans rise

Third-quarter figure increases to 478.8b yuan, watchdog says

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2012-11-16 > All chapters

Credit union proves engine for prosperity

Local co-op enjoys better loyalty than 'Big Four' banks in Guizhou market

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2012-11-14 > All chapters

BOC given 3.1b yuan credit quota

Bank of China has been given a quota of 3.1 billion yuan ($497.76 million) in a pilot program of the nation's credit asset-backed securitization. It amounts to a total value of 50 billion yuan, according to an announcement made by the bank on Tuesday.

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2012-11-12 > All chapters

Banking sector in good health: top officials

The banking sector remains largely healthy, and market-oriented reform will be continued prudently, finance officials said.

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2012-11-12 > All chapters

CBRC denies prejudice against private capital

Chief of China's banking regulator said Sunday that the government does not have "prejudiced regulations" on private investors seeking participation in the banking sector.

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2012-11-11 > All chapters

China likely to expand RQFII quota

China's securities authorities announced Saturday that it has "agreed in principle" to expand its RMB Qualified Foreign Institutional Investors (RQFII) pilot program by increasing the investment quota by 200 billion yuan ($31.74 billion).

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2012-11-06 > All chapters

Wenzhou to inject capital into SMEs

Private funding is no longer the only way small companies can raise capital in Wenzhou as the city moves toward financial reform that will inject more money into the system to help small and medium-sized enterprises.

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2012-11-06 > All chapters

China's highly-profitable banks face challenges

China's commercial banks have been very profitable, despite a slowed economy in the first three quarters of 2012. However, their heavy reliance on net interest income may prove challenging in a time of gradual interest liberalization.

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2012-11-05 > All chapters

G20 finance chiefs meet to discuss EU, US risks

Finance chiefs from the world's leading economies met here Sunday to discuss Europe's debt crisis and the US "fiscal cliff" of spending cuts and tax hikes.

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2012-11-03 > All chapters

CSRC plans RQFII expansion

China's securities regulator said Friday that it is drafting new rules to further expand the renminbi Qualified Foreign Institutional Investor scheme and make it easier for Chinese mainland enterprises to go public in Hong Kong.

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