
More recent developments

Margin trading surges as stocks rally
Margin trading is surging as China’s stock markets make an unexpected recovery. According to China Securities Finance Corp., the outstanding balance of stocks purchased with debt – known as margin trading – reached a record RMB 2.28 trillion on September… Read More »

Provinces delay social insurance base adjustment to ease pressure on businesses
Provinces are trying to limit social insurance contributions to help small businesses. Some context: Employers and their staff contribute a proportion of staff salaries to social security funds. Provinces set a contribution ceiling – capping social security contributions for high-income… Read More »

Home sales by top 100 developers fall 17.6% y/y in August
China’s property sales slump continued in August. According to August data from China Real Estate Information Corp. (CRIC), published Sunday: New home sales by China’s top 100 developers clocked in at RMB 207.04 billion, down 1.9% m/m Year-on-year, sales plunged… Read More »