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…
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…
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…
Millions of Chinese consumers ditch their credit cards amid prudent spending, slow economy
Weak consumer spending and a crackdown on inactive accounts have led to a plunge in the number of…
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…
Africa’s yuan pivot: why more top lenders are eyeing China’s bond market
Beijing’s push to internationalise the yuan is gaining a new vehicle in Africa as another major multilateral lender…
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…