CHINA TOPIX

11/02/2024 04:16:49 pm

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China Banking Regulatory Commission

Guo Shuqing Appointed as New Banking Regulatory Chief.

Former Stock Market Honcho Guo Shuqing is new Banking Regulatory Chief

China on Friday named the former stock market regulator chief Guo Shuqing as the new head of the China Banking Regulatory Commission (CBRC). Guo's appointment is probably intended to send a clear signal to the market about the Chinese government seriousness to overhaul the country's financial system.

China’s real estate sector is booming.

China Banking Regulator to Tighten Property Loan Norms

China's real estate sector is booming. However, to avoid the risk of bubble burst, Chinese banking regulators are seeking to watch the sector more closely.

Chinese Yuan

China Banks' Bad Loan Remains Low But Buffers Slip

Chinese banks' reserves for soured loans fell to its lowest level in three years, which could slow down profits as they are forced to set aside higher levels as protection for rising bad debts.

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