The central bank has further tightened real estate credit controls. The FSC will conduct inspections on 20 financial institutions to ensure they are complying.
December 28, 2021Banks are instructed to review their concentration of real estate lending business and strengthen risk controls and post-loan management.
December 13, 2021The directions are part of efforts to limit speculation on the yuan to prevent further strengthening of the currency and protect the export sector.
November 22, 2021The CBIRC's Shanghai bureau has banned the use of bank and insurance funds to influence the commodity market, as China faces nationwide power shortages.
October 29, 2021The introduction of a property tax is aimed at facilitating the steady and sound development of the property market, curbing speculation, and redistributing wealth.
October 26, 2021China's energy crisis is the result of efforts to reduce domestic coal production to meet climate policy objectives, exacerbated by a ban on imports from Australia.
October 6, 2021China Construction Bank received the biggest penalty of CNY 6.1 million. ICBC and Agricultural Bank of China were fined CNY 1.5 million each.
August 3, 2021A probe into a vaccine maker has cast a light on the prevalence of stock manipulation in Taiwan, where financial regulators do not have jurisdiction over insider trading cases.
July 6, 2021The new rules will help to standardise how commodity price indexes are compiled and improve transparency on the release of information.
June 21, 2021The move follows joint action by three state-backed associations to bar their members from providing crypto-related services to customers.
June 9, 2021