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…
Why China took over Zhongbang Bank – and what it says about hidden financial stress
Years of aggressive expansion and flawed corporate governance have laid bare fresh vulnerabilities in China’s banking system, prompting…
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…
China expands oversight of major banks amid property sector risks
China has expanded its list of domestic systemically important banks (D-SIBs) – institutions subject to tighter regulatory standards…
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…