The only truly valuable application lies in improving the efficiency of cross-border transactions, which aligns with the real needs of the economy

What expectations should China have for international organizations? At present, the views of Chinese people from various backgrounds seem inconsistent, and include long-term misunderstandings, writes Caixin managing editor Ling Huawei

Policymakers should concentrate on minimizing the costs of controlling Covid, restoring confidence in the real estate industry and stabilizing the stock market’s expectations

The practice of monetizing fiscal deficits is inappropriate for a country still in the process of establishing a modern fiscal system and modern central banking system

Lai Xiaomin and Wang Bin scandals show how unsophisticated managers become willing accomplices of capital predators

The key to saving one of China’s largest private lenders is addressing its corporate governance

Financial supervision alone can’t get the property market out of its negative credit loop. The government needs to tackle this issue from multiple angles

By taking one wrong path after another, policymakers have allowed these financial industry chimeras to be shrouded in institutional distortions, leading to chaos and corruption

Embattled bad-asset manager might not look like at first glance, but it has a lot of the characteristics of a systemically important financial institution

Relationship between PE firms, intermediaries and investors exposes shortcomings that need to be addressed

While poor corporate governance is a driver of financial risks in China’s banking sector, in many cases insufficient oversight is also a key reason

Rather than trying to regulate these new financial institutions as if they were traditional banks, regulators should instead try thinking outside the box

Relaxing regulatory standards will not change the risks themselves

It is normal for regulations to lag behind innovation. What is important is that regulators should fully assess problems when they appear

China can’t count on monetary and fiscal policy alone to boost its flagging economy

Regulators should put an end to the arbitrary collection, use and abuse of users’ personal information in China

An economy’s nonperforming assets eventually have to be reflected as bad debts and that means banks have to make provisions against the losses and that can only come from their profits

As financial bailout funds are established, it’s important to ensure they aren’t used to cover up regulatory failures

Reversing ChiNext’s prohibition will only encourage more speculative buying of companies with miserable businesses

Seizure of troubled lender by regulators signals China is on the path to setting up its own Federal Deposit Insurance Corp., says Caixin Media managing editor