Dong XimiaoExecutive Director of Hengfeng Bank Research Institute, Observer of Retail Banking, renowned commentator on finance and economics.
Expertise : Commercial Bank; Financial Reform
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Executive Dean of Research Institute of Hengfeng Bank, Senior Fellow of RDCY, observer of Retail Banking, renowned commentator on finance and economics, Senior Economist and Financial Planner. He owns many years experience of banking and has served as managers in provincial branches of some large-scale commercial banks. He presented the concept of the Vast Retail Banking completely, did some research and published many articles about that. Currently his book Interesting Finance just published.
China steps up helping private firms out of financing difficulties
Chinese authorities have decided to renew efforts to assist private companies facing financing difficulties, given the importance of those firms to the economy and the job market. ...2018-10-24
China's central bank cuts reserves to stabilize market for further growth
With its fourth cut of the reserve requirement ratio (RRR) by 100 basis points (bp) starting October 15, China’s central bank is believed to be focusing on internal stability and for stable growth while supporting market confidence, experts said....2018-10-11
China to cut reserve requirement ratio, with monetary policy unchanged
The People's Bank of China (PBOC) decided on Sunday to cut the reserve requirement ratio (RRR) for RMB deposits by one percentage point starting from Oct. 15, but the stance of China's monetary policy remains unchanged....2018-10-08
China officially eases foreign ownership curbs in banking, more opening-up to come soon
China has officially eased foreign ownership curbs in the banking sector, indicating that the country is taking steady steps to further open its financial sector, and experts predicted that there would be more measures to be implemented amid the country's strong determination to reform....2018-08-27
China pledges more efforts to finance real economy
The China Banking and Insurance Regulatory Commission (CBIRC) has encouraged banks and other financial institutions to work more vigorously to meet the financing demand of the real economy, in particular, cash-starved private and small firms, agriculture and rural regions, and lagging economic areas including infrastructure. ...2018-08-21
Trade war will harm all global players
Since the beginning of this year, trade frictions between China and the United States have significantly escalated. And with additional US tariffs on $34 billion worth of Chinese goods taking effect on Friday, the US has now launched a full-blown trade war against China....2018-07-11
Fed hikes rates, emerging markets need to avoid sharp devaluation
The Federal Reserve raised its benchmark short-term interest rate a quarter of a percentage point on Wednesday and the emerging market countries need to be alerted about the upcoming impacts, experts predicted....2018-06-14
China`s first private credit-scoring firm starts operation
Private credit-scoring companies can supplement the state-run database in providing inclusive financial services...2018-05-25
"2016: G20 and China"
This book from the "history" of the G20's past and present, a comprehensive discussion of the G20's origin and role, agenda,