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    Research

    From research and consulting to solution development and implementation, NRI strives to facilitate industry conversations through regular research aimed at problem solving and implementation of best practices.

Asia Focus
China's securities industry one year after landmark deregulatory conference »
May. 10 2013

China has announced many deregulatory measures since unveiling an ambitious deregulatory agenda for its securities industry at the Conference on Innovation and Development of Securities Companies nearly a year ago...

Risks posed by Chinese banks' off-balance-sheet lending »
Mar. 11 2013

In China, stricter regulation of banks' on-balance-sheet lending has paradoxically increased the overall economy's financial risk as banks have increasingly engaged in circumventive financing through use of off-balance-sheet products.  ...

Deregulation of Chinese insurers' investment activities »
Jan. 10 2013

In 2012, the Chinese insurance industry experienced a slowdown in premium revenue growth and downturn in investment returns. Against such a backdrop, regulatory restrictions on their investment activities were eased...

Development of Dim Sum Bonds in Hong Kong's Offshore RMB Market »
Nov. 12 2012

Supported by the Chinese government, Hong Kong has been developing an offshore RMB market to promote the RMB's use outside of mainland China. Dim sum bonds, the first offshore RMB...

Deregulation of China's securities industry is accelerating »
Oct. 10 2012

Reform is accelerating in China's securities sector. At an industry conference in May 2012, regulatory authorities unveiled plans to promote diversification of securities firms' operations through deregulation. They have recently...

China resumes interest rate liberalization  »
Sep. 10 2012

In the first half of 2012, Chinese financial reform progressed faster than previously anticipated, with a proposed capital account liberalization timeline released in February, the renminbi's trading band widened in...

Key issues facing China's fund industry in 2012 »
Mar. 12 2012

In 2011, Chinese securities investment funds performed poorly amid a decline in equity prices, revealing the fund industry's shortcomings in bold relief. In response, initiatives are afoot to diversify...

Financial regulation in China after upcoming leadership transition »
Jan. 10 2012

China has appointed new heads to its three core financial regulatory agencies (CBRC, CSRC, and CIRC) ahead of the next autumn's scheduled leadership transition. Chinese financial regulators are expected...

Off-balance-sheet financing and disintermediation in China »
Nov. 22 2011

In China, the emergence of financial products designed to circumvent regulations is changing relationships between conventional monetary aggregates and economic activity. Chinese monetary authorities have started to develop new...

Chinese commodity futures markets' promising future »
Oct. 11 2011

In 2010, China was the world's top-ranked commodity derivatives market by trading volume, although volume has since decreased drastically in response to a series of guidelines issued in November...