The head of China’s Banking and Insurance Regulatory Commission (CBIRC), Guo Shuqing, has said the country’s ongoing deleveraging drive must be in proportion to what the market can handle, a... Read more
The new rules introduced by the Chinese government in recent months aimed at restricting sources of debt financing seem to be taking effect, as total social financing fell considerably durin... Read more
The State Administration of Foreign Exchange published new revised rules that will allow foreign investors to transfer money overseas more easily, taking immediate effect. As Caixin reports,... Read more
BMW’s sales slipped in May after poor performance in its key China market caused by “changes in import duties.” Car sales of brands BMW, Mini and Rolls-Royce dropped 2.1% y/y last month, wit... Read more
