Working Group News
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.
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.
Read moreCSRC 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.
S&P: Big Four banks' balance sheets strong
Lending institutions' expansions overseas won't affect ratings
PBOC injection eases 'hot money' fears
Central bank's reverse repurchases to bolster confidence in economy
Read moreBad loans still weigh on China's biggest lenders
Leading banks under pressure from slowing economic growth
Coming out of the Shadows
The shadow banking system is thought of as inherently dangerous, but if it is well-managed and transparent it can benefit an economy
Read moreTrusts, Bonds Lead Surge in Credit 'Gambling'
Debates over potential risk are not slowing a race to finance local government projects without bank loans
Exchange rate hits 19-year record
Confidence in the yuan has strengthened, as 77 percent of Chinese companies surveyed by HSBC Holdings Plc expect one-third of all Chinese trade to be conducted in yuan by 2015.
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