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…
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 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…