Default in our stars: China’s banks use satellites to track assets with sky-high scrutiny
With bad loans and repayment collateral in focus, Chinese banks are increasingly using satellites to evaluate their clients’…
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…
New committee, bailout talk: is China launching a fresh property rescue effort?
China’s central bank confirmed on Friday that it had established a new financial stability committee to defuse the…