Regulator urges China banks to save ailing companies

But it is rare for a government official to acknowledge the practice. The admission could also inflame criticisms of China by trading partners who argue that state-directed bank loans and other subsidies have enabled cheap Chinese steel to flood global ... ( read original story ...)

BRIEF-China Rapid Finance Q1 revenue $10.5 million

May 25 China Rapid Finance Ltd: * China Rapid Finance reports unaudited first quarter 2017 financial results * Q1 revenue $10.5 million versus $13.1 million * Q1 loss per share $1.01 * China Rapid Finance Ltd - total gross billings on transaction and ... ( read original story ...)

Why China’s Growing Debt Load Worries the World

Source: Fitch Ratings, from People’s Bank of China, Bank for International Settlements, Hong Kong Monetary Authority and commercial banks data When it comes to pumping money into a financial system, China has made the Federal Reserve in the United States ... ( read original story ...)

China’s Ratings Downgrade, Explained

Source: Fitch Ratings, from People’s Bank of China, Bank for International Settlements, Hong Kong Monetary Authority and commercial banks data When it comes to pumping money into a financial system, China has made the Federal Reserve in the United States ... ( read original story ...)