Can China and Indonesia’s strong financial ties withstand ‘resource nationalism’?
Back in 2009, when China’s economy was expanding at about twice today’s pace, a little-known private firm made…
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…
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…
China’s $1.2 Trillion Windfall Quietly Seeps Into Global Markets
(Bloomberg) — A record trade surplus racked up by China is washing up around the world, as export…
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…
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…