China now has 7 of world’s 10 biggest banks as Beijing’s financial ambitions grow
China’s “big four” state-run banks are the largest in the world in terms of asset scale, a new…
China’s policy blitz at Lujiazui Forum – what it means for markets, outflows and the yuan
With Chinese financial regulators taking further steps to broaden outbound-investment channels and facilitate cross-border capital flows, analysts see…
95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll
The global business appetite for China’s yuan is strengthening as Beijing’s long-term campaign to internationalise its currency gains…
Will China’s deal with Australian mining giant BHP boost yuan internationalisation?
Australian mining giant BHP’s decision to adopt a yuan-denominated index for a major Chinese buyer poses a challenge…
Chinese banks join the space race with satellite launches and rocket backing
Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms…
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
The People’s Bank of China in Beijing. Bloomberg (Bloomberg) — Chinese authorities pledged to make it easier for…
In China, Ray Dalio discusses global debt issues as Beijing seeks his counsel
As China works to defuse its debt risks, and with unchained US borrowing rocketing skyward, Ray Dalio finds…
China expected to leave benchmark lending rates unchanged despite Fed easing
SHANGHAI (Reuters) -China is expected to leave benchmark lending rates unchanged for the fourth month in a row…
China expected to keep benchmark lending rates unchanged
BEIJING/SHANGHAI (Reuters) -China is expected to keep benchmark lending rates unchanged for the third straight month in August…
Chinese researchers lodge concerns over US debt as Beijing limits exposure
Calls for China to gradually reduce its exposure to US dollar assets are growing louder as Washington’s national…
China expected to keep lending rates steady, focus turns to Politburo meet
SHANGHAI (Reuters) -China is widely expected to leave its benchmark lending rates unchanged at a monthly fixing on…