Financial Reforms

Beijing cuts through with action on financial reforms

8 May 2013

The State Council meeting chaired by Premier Li Keqiang on Monday outlined the specifics of Beijing's goals by laying down that clear timetables have to be set for reforms, in a move that analysts...

5:58AM

Reforms in tax havens aid sleuths

3 May 2013

As opaque networks of secretive companies linking offshore havens with Hong Kong are forced to become more transparent, it will be easier to track down assets hidden in jurisdictions such as the...

4:22AM

Wider trading band the next logical step in reform of yuan

22 Apr 2013

Beijing has foreshadowed a widening of the trading band of the yuan ahead of meetings of the International Monetary Fund, the World Bank and the G20 summit. This is true to form. The trading band...

1:58AM

Premier pledges continued steady investment growth

18 Apr 2013

The mainland will continue to increase investment at a "reasonable" pace, Premier Li Keqiang was quoted as saying yesterday, while promising to control risks arising from the pile of local...

5:33AM

The plight of Wenzhou's reform project could determine the nation's future

4 Apr 2013

Wenzhou has been implementing financial reform for just one year, but its progress is attracting attention. The State Council decided last year to set up this pilot region for comprehensive...

3:17AM

China's new securities regulator must continue on path of market reform

28 Mar 2013

Guo Shuqing's departure after 17 months in office at the China Securities Regulatory Commission is not good news for a securities market in need of overhaul. The various schemes he launched were...

3:30AM

Opinion

Michael Cox

The last straw for Terry Wong?

2:53PM

Jake Van Der Kamp

iBonds are little help in easing inflation and a bad bet financially

3:55AM

Talking points

Kenyans head to the polls for the first time since a new constitution was passed in 2010 to reform the political system and ease ethnic divides. Leading the race of eight presidential candidates...

3:27AM

Mainland financial reform needs new approach, says IMF's Zhu Min

The mainland's financial system needed to play a more active role in helping its real economy become more resilient to external shocks as the world grew economically interdependent, a top...

3:41AM

Accounting chief supports reform

The first female president of Hong Kong's peak accountancy body backs reform plans to expand oversight of auditors of listed companies, but believes the industry group will continue to play an...

4:31AM

BANKING

Tough tasks await next PBOC head

The next governor of the People's Bank of China is likely to have got there by first becoming the head of one of the country's big state-owned lenders. His initial task? To curb the power of those...

3:35AM

UNDERGROUND BANKING

Underground banking may become thing of the past in Wenzhou

Wenzhou, the mainland's hub for private businesses, has taken a major step forward in legalising the underground banking system and liberalising capital outflow by publishing a guideline for a...

3:59AM

China pushing ahead financial reform in Wenzhou

A Chinese province is pushing ahead a closely-watched financial reform pilot project aimed at formalising private lending to reduce financial risks, official media reported on Friday.

12:57PM