FINANCE & ECONOMICS

Commercial Debt Dodgers Pressure China's Banks
Banks are trying to cope with a sharp rise in loan defaults tied to state and private companies that creatively sidestep debt obligations
By staff reporters Wu Hongyuran and Zhang Yuzhe 05.25.2016
Government Debt Risk Under Control, Finance Ministry Says

Government Debt Risk Under Control, Finance Ministry Says

Local governments' ability to repay creditors has declined, but debt-to-GDP ratio was well below international warning levels, a statement said

05.27.2016
Commercial Debt Dodgers Pressure China's Banks

Commercial Debt Dodgers Pressure China's Banks

Banks are trying to cope with a sharp rise in loan defaults tied to state and private companies that creatively sidestep debt obligations

05.25.2016
PBOC's Zhang Tao Tapped for IMF Nomination

PBOC's Zhang Tao Tapped for IMF Nomination

The central bank executive, who worked at IMF between 2011 and 2015, may succeed Zhu Min as a deputy managing director

05.20.2016
Regulators Poised to Restrict Asset Management Niche

Regulators Poised to Restrict Asset Management Niche

Caixin has seen a government plan aimed at controlling investment funds' fast-growing asset management subsidiaries

05.20.2016
Delistings on Hold as CSRC Slams a Back Door

Delistings on Hold as CSRC Slams a Back Door

U.S.-listed Chinese companies planning to switch to a mainland exchange have been targeted by suspicious regulators

05.17.2016
Insurance Companies Mull Offering Earthquake Cover to Homeowners

Insurance Companies Mull Offering Earthquake Cover to Homeowners

Regulator say companies will sell policies to cover quake-related damages to relieve strain on government when disasters strike

05.17.2016
ICBC to Name President Yi Huiman as New Chairman

ICBC to Name President Yi Huiman as New Chairman

The Communist Party has already picked him as the lender's party secretary and vetted him as the sole candidate for the top job, bank sources say

05.17.2016
Investors Complain About Stock Suspensions as MSCI Reviews A-share Inclusion

Investors Complain About Stock Suspensions as MSCI Reviews A-share Inclusion

Arbitrary trading halts that hurt investors' rights a major obstacle to having Shanghai- and Shenzhen-listed stocks represented in MSCI's index, informed sources say

05.13.2016
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