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…
How are Chinese firms faring as AI and tech reshape global market cap rankings?
China’s state-owned banks and energy majors – once shoulder to shoulder with American firms at the top of…
More Chinese banks claw back bonuses, cut salaries despite mixed profit recovery
Several major Chinese banks have clawed back staff bonuses or cut salaries amid a sluggish economic recovery and…
As global yuan use expands, questions resurface about China’s world-leading forex reserves
A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange…
Chinese province floats new use for digital yuan: paying long-delayed debts
China is mulling the application of its digital yuan – the central bank-backed currency also known as the…