The new measures are being hailed as a "turning point" for the property sector, which accounts for a quarter of China's economy.
November 15, 2022The rules require CRAs to make certain disclosures and conduct independent due diligence on the nature of support provided by an external or third party.
September 30, 2022State-owned China Bond Insurance will give unconditional and irrevocable joint liability guarantees for batches of bond sales in the interbank market.
August 17, 2022Policy, development, state-owned, small and medium-sized banks are directed to provide credit to support the construction of water conservancy infrastructure.
June 16, 2022The number of “red zone” institutions has declined for six straight quarters. No foreign-invested or private banks were identified as high-risk institutions.
March 30, 2022The CBIRC has asked China's five largest banks to increase their inclusive loans to SMEs by over 30 percent for the year.
April 30, 2021The PBOC found rural institutions and village banks to be the riskiest, accounting for a majority of the 442 institutions that are in the 'red zone'.
April 27, 2021The FSC says credit support measures for SMEs will be maintained at it will minimise the impact of rating downgrades.
March 31, 2021The extended measures allow relief for individuals and SMEs to progressively expire over 2021, while also encouraging the resumption of loan repayments.
October 6, 2020The move is aimed at freeing up liquidity at smaller banks in the hope of spurring an additional 1tr yuan in lending to small and micro enterprises.
June 3, 2020