01 Aug 2017
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The PBoC has temporarily barred 40 banks or bank branches from regular interbank business due to violations found during a recent round of inspections.
Forty banks might not sound like a lot. But a three-month ban is a pretty stiff penalty, and that was held for the worst offenders. There w...
April 26, 2024
China's top leaders are turning their attention to boosting growth in underdeveloped regions. On Wednesday, Premier Li Qiang paid a visit to Guizhou province, visiting rural areas that were among the last nine counties to be lifted out of extreme… Read More »
April 25, 2024
Sometimes a clear target is what’s needed for some progress. On Tuesday, the State Council reported that China aims to reduce carbon emissions intensity by 3.9% in 2024. This marks the first time during the 14th Five-Year Plan (FYP) period… Read More »
April 25, 2024
Another day, another EU probe into Chinese industry. On Wednesday, the European Commission announced an investigation into China’s public procurement process for medical devices to determine if European manufacturers are getting a fair shake. This is the first probe conducted… Read More »