China may cut lending in '11 to curb prices: Experts
2010-11-25 11:20:19
The Chinese government is expected to set a lower target for new lending for 2011 than the 7.5 trillion yuan ($1.13 trillion) for this year as it strives to combat price hikes, experts said.
China to intensify liquidity management: PBOC
2010-11-25 09:40:31
A statement of China's central bank said Wednesday that the country would continue using multiple monetary policy tools to enhance liquidity management and guide the money and credit growth back to normal.
China 6-month finance ministry deposits sold at 4.93%
2010-11-24 11:16:37
China's central bank auctioned 40 billion yuan of six-month finance ministry deposits to commercial banks on Tuesday at a rate of 4.93 percent, traders said.
Banks come close to reaching annual lending quotas
2010-11-24 09:25:31
China's biggest banks are close to reaching annual lending quotas and plan to stop expanding their loan books to avoid exceeding the limits, according to four people with knowledge of the matter.
China's trust firms halt property loans: Report
2010-11-22 15:21:36
Some of China's top trust companies have halted property-related lending and investment following a regulatory order, four sources told Reuters on Monday.
Rigorous due diligence is life blood of investment: Expert
2010-11-22 14:26:25
A US business expert said on Saturday that Chinese companies interested in investing in overseas markets should pay more attention to rigorous due diligence and peer review which are key factors for private investment to succeed.
CBRC to issue new regulation on derivatives
2010-11-19 15:43:59
The China Banking Regulatory Commission (CBRC) will soon introduce a new regulation on banking and financial institutions' derivatives business, Shanghai Securities News reported Friday, citing a CBRC official.
ICBC opens new branch in Japan
2010-11-19 15:10:20
The Osaka branch of the Industrial and Commercial Bank of China (ICBC) formally opened Friday to the public for business in Odosuji Road, Osaka, the second branch of ICBC in Japan since the opening of Tokyo branch in 1997.
China tells trusts to check property credit: Report
2010-11-19 10:04:56
China's banking regulator has told trust companies to assess the risks posed by their property-related loans, in a fresh move to rein in the real estate market, two sources told Reuters on Thursday.
Govt seeks buyers for Bank of Guangzhou
2010-11-18 13:19:56
The government of China's southern city of Guangzhou is seeking to sell a 20 percent stake in Bank of Guangzhou to a foreign investor for as much as $850 million, a person with knowledge of the matter said.
China rate rises no panacea to curb inflation: PBOC adviser
2010-11-18 11:06:39
China should not solely rely on interest rate rises to curb inflation, an academic adviser to the People's Bank of China said in remarks published on Thursday.
China may lower 2011 loan target to 6-7t yuan: Report
2010-11-17 14:45:28
China is likely to set a target for new local-currency loans at about 6-7 trillion yuan next year, a lower ceiling than this year, local media reported, citing several unidentified sources.