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Chinese banks: An endless cat and mouse game benefitting large players

http://bruegel.org/2017/09/chinese-banks-an-endless-cat-and-mouse-game-benefitting-large-players/

As deleveraging moves up in the scale of objectives of the Chinese leadership, banks now face more restrictions from regulators. As a result, banks have been very creative in playing the cat and mouse game in front of evolving regulations.BY: ALICIAGARCÍA-HERRERODATE: SEPTEMBER 26, 2017TOPIC: GLOBAL ECONOMICS & GOVERNANCE   This piece was originally published in Asian Banking & Finance.Ever-changing sources of funding in regulatory whirlpoolWhen one door closes, another one opens up. As deleveraging moves up in the scale of objectives of the Chinese leadership, banks now face more restrictions from regulators. In any event, this is not the first time they find themselves in the regulatory whirlpool. From the usage of repo agreements to wealth management products (WMPs), and most recently negotiable certificate of deposits (NCDs), banks have been very creative in playing the cat and…

Tonnes of cargo imported, exported thru Gwadar since 2008, NA told

http://nation.com.pk/07-Nov-2017/tonnes-of-cargo-imported-exported-thru-gwadar-since-2008-na-told



November 07, 2017Islamabad -  A total of 6,471,364 tonnesof cargo has been imported and exported through Gwadar Port since 2008, said Minister for Maritime Affairs, Mir Hasil Khan Bizenjo on Monday.In his reply to the National Assembly, he said the port has been receiving cargofor general trade since 2008 and most of the volume has been government imports and mainly the import of ongoing CPEC related port and free zone projects. He said that some quantity of local fish has also been exported through Gwadar Port.Replying a question of lawmaker Siraj Muhammad Khan regarding steps taken by the government to prevent foreign trawlers from fishing in shallow waters, the minister said the federal government has not issued any fishing licence to any foreign fishing vessel since 2009.He said the federal government has given the powers to Commanding Officers of the ships, vessels and boats of the Pa…