The China Banking Regulatory Commission, China's bank regulator known as CBRC, couldn't be reached to comment.
Unfortunately, the China Banking Regulatory Commission cannot take the steps necessary to rehabilitate the banks.
The China Banking Regulatory Commission said on Wednesday that banks must clearly link wealth-management products with specific assets.
Earlier comments from the China Banking Regulatory Commission stressed that domestic banks had "limited" exposure to subprime problems.
BBC: China says most of its reserves are in US Treasury Bonds
Technically, the banks fall under the auspices of Liu Mingkang , chairman of the China Banking Regulatory Commission.
The China Banking Regulatory Commission says their debts amounted to 7.4 trillion yuan at the end of last year.
The China Banking Regulatory Commission announced that the NPL ratio for all banks at the end of September was 0.9%.
Shadow banking is also peer to peer lending, companies lending to each other, unregulated by the China Banking Regulatory Commission (CBRC).
Overall profits for China's banking sector, including foreign and local banks, rose 39% last year, according to the China Banking Regulatory Commission.
Chinese banks may go even farther than Basel III rule changes, though the China Banking Regulatory Commission offers a longer transition period up to 10 years.
The China Banking Regulatory Commission has warned banks to stick to rules on mortgages for second homes, which require a down-payment of at least 40% of a property's value.
ECONOMIST: Is the economic stimulus too much of a good thing?
The China Banking Regulatory Commission announced that the nonperforming loan ratio for all banks was 1.14% at the end of last year, but that number hides more than it reveals.
Hong Kong's Hang Seng Index fell 0.1% to 22337.49, as banks dropped following the China Banking Regulatory Commission's tighter rules on wealth-management products, which is expected to restrain smaller banks' earnings growth.
The China Banking Regulatory Commission, to its credit, issued regulations at the end of last month to force banks to rein in the shadowy products, but as a practical matter the rules only begin to address systemic problems.
Liu Mingkang, chairman of the China Banking Regulatory Commission said that China property prices are correcting, but that stress test results showed that the commercial lenders could handle as much as a 40% decline in real estate values.
Their influence has been increasing in recent years, particularly since the government, in 2003, set up the China Bank Regulatory Commission to oversee banking industry.
应用推荐