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China to allow more banks to handle digital yuan, sources sayThe push to put the digital yuan into the real economy has been slow so far since its launch in 2019, with most retail customers already ab...- Chinese companies line up to sell 'innovation bonds', capitalising on Beijing's technology pushChina launched "sci-tech innovation bonds" for financial firms to boost tech self-sufficiency amid US rivalry. Backed by central and local ...
- Chinese companies line up to sell 'innovation bonds', capitalising on Beijing's technology pushChinese banks, brokerages and private equity firms are among companies kicking off plans on Thursday to sell so-called sci-tech innovation ...
- China's exports pick up speed in June as economy bounces from COVID-19 shockDespite the buoyant export growth, the country's trade outlook faces rising pressures in the second half of the year, as fading demand in k...
- China Evergrande is not 'too big to fail', says Global Times editorEvergrande is scrambling to raise funds to pay its many lenders and suppliers and investors, with regulators warning its $305 billion of li...
- China's biggest gold fraud, 4% of its reserves may be fake: ReportAt the centre of the fraud is Wuhan Kingold Jewelry Inc, a company founded and operated out of Wuhan.
- China shares tumble despite central bank's move to aid economyOn Monday, the blue-chip CSI300 index opened 2.3 per cent lower.
- China to unleash over $100 billion of liquidityThe funds unlocked from the reserve ratio cut shouldn’t be used to support so-called zombie companies.
- Tens of thousands of jobs go as China’s biggest banks cut costsLenders from Citigroup to Deutsche Bank AG have cut staff and costs in revamps since the global financial crisis.
- China central bank injects billions to ease liquidity strainChina today pumped in billions of dollars, stated to be the biggest since Sept, into the financial system in open market operations in a bi...
- China's super-rich grows record high of over 17,000 despite slowdownThe total assets of the super-rich soared to 31 trillion yuan (over $five trillion), 10 times the GDP of Norway and 20 times that of the Ph...
- Alibaba gets permission to set up private bank in ChinaAlibaba, which completed the world's largest stock offering earlier this month, has received approval to set up a private bank, it was anno...
- 89 Chinese firms make it to Fortune Global 500 listDespite booming picture the list might indicate, not all firms on the Chinese mainland are exhibiting strong performance, assistant managin...
- Bad loan risk looms large over Chinese banking sectorChina's state-run banks are facing increased bad loans partly due to a lending spree to support massive economic stimulus three years ago.
- China to invest $120 bn in high-speed railBeijing will invest 800 bn yuan laying about 6,000 km of new high-speed track across the nation.
- China's smaller, nimbler stock funds are beating bigger rivalsSmaller stock mutual funds in China of lesser known firms such as Huashang and Soochow are handily outperforming bigger rivals from leaders...
- Bear pull: China’s key stock index falls to three-month lowThe CSI 300 is down 20% from its October 16 record close on valuations concerns
- China Citic Group likely to bid for Bear Stearns stakeChina Citic Group, the overseas investment arm of the Chinese cabinet, may buy a stake in Bear Stearns, the US securities firm hit the hard...
- Four Chinese banks plans to set up aircraft leasing cosFour Chinese lenders, including the Industrial and Commercial Bank of China, the nation's largest, plan to set up their own aircraft leasin...
- China's first pvt bank raises CAR to 8.2%The 15-year hybrid bonds combine 3.3-billion-yuan fixed-rate bonds and one-billion-yuan floating-rate bonds.
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