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Local Governments Face Tighter Oversight in Bid to Contain Financial Risks

The powers of provincial-level branches of the People’s Bank of China (PBOC) are set to expand as they
Cover Story: How China Is Batting Back Its Wave of Defaults

The rise of defaults in China’s bond market is posing an imminent question to regulators: how to deal
In Depth: China Responds to Default Wave With New Legal Frameworks

The rise of defaults in China’s bond market is posing an imminent question to regulators: how to deal
Temasek-Invested Big Data Company Accused Of Making Most of Its Money Illegally

A prominent Chinese fintech startup invested in by a Singaporean sovereign wealth fund has been accused
In Depth: China’s Private Sector Support Comes at a Cost

Zhang Yuzhe, Zhang Yu and Han Wei contributed to this report.
Fintech Firm’s Bigwigs Caught Up in Predatory Lending Probe

Multiple senior executives including a founder of online lending platform Meili Finance Holdings Ltd.
Defaulted Tunghsu Asks Banks to Keep Lending Without Promising Repayment

Zhang Yuzhe and Han Wei contributed to this report.
In Depth: Missed Payments Put Focus on Tunghsu’s Unusual Financials

Another day, another bond default. As China’s economic growth slows, bond issuers have found it more
Credit Rating Firm Kaola Accused of Privacy Breach

Kaola Credit, the credit rating service of leading payment company Lakala Payment, was accused of illegally
China Battles Wave of Online Criminal Activity

In May, a man named Song took out a small online loan of 1,500 yuan ($214) through an app he had downloaded