The Ministry of Finance, the central bank and the National Development and Reform Commission jointly issued a document outlining rules on how to deal with matured hidden debt accumulated by... Read more
New bank loans in China rose to a three-month high in June as policymakers sought to keep ample funds in the financial system to support the slowing economy amid rising US trade pressure, sa... Read more
China’s exports and imports of goods both declined year-on-year in June, according to data from the General Administration of Customs, reported Caixin. Exports edged down 1.3% to $212.8 bill... Read more
China’s economy grew at 6.2% in Q2— the weakest rate in at least 27 years, according to official data released by the National Bureau of Statistics (NBS), reported CNBC. Q2’s growth was the... Read more
The China Banking and Insurance Regulatory Commission, China’s insurance regulator, said that the newly created Dajia Insurance Group will take over several of Anbang Insurance Group Co. Ltd... Read more
