At first glance, investors in China’s big banks should be breaking out the champagne. Tighter liquidity has boosted margins at three of the big four, with a crackdown on shadow banking forcing borrowe… ( read…
FINANCE
Private Banks Are Starting to Breach the Wall Around China’s Wealthy
It’s hard to put numbers on the vast private banking opportunity in China, but here are some: $29 trillion in household wealth and $15 trillion in the asset management industry. Perhaps the most cruci… (…
China bank regulator says will push forward with deleveraging
BEIJING (Reuters) – China’s banking regulator said on Wednesday that it will push forward with deleveraging and proactively fend off external risks, as the financial sector still faces hidden risks an… ( read original story…
Trade tensions cast shadow as China’s top banks post higher profits
BEIJING (Reuters) – Agricultural Bank of China (AgBank) (601288.SS), the country’s third-largest lender, said its asset quality is expected to stabilize but mounting trade tensions are a threat … ( read original story …)
Rights groups to Google: No censored search in China
BEIJING — More than a dozen human rights groups are urging Google not to offer censored internet search in China, amid reports it is planning to again provide the service in the giant market. (…
Rights groups urge no censored Google search for China
BEIJING — More than a dozen human rights groups have sent a letter to Google urging the company not to offer censored internet search in China, amid reports it is planning to again provide the…
Garlic and the ‘dirty secret’ of China’s prisons
Prison labour is common and legal in China. And the “Financial Times” traced at least 55 prison companies around the country. But exporting goods made by prison labour is against China’s own laws. And ……
The ‘dirty secret’ of China’s prisons
Prison labour is common and legal in China. And the “Financial Times” traced at least 55 prison companies around the country. But exporting goods made by prison labour is against China’s own laws. And ……
China Crackdown: After Beijing, Guangzhou Hub Bans Cryptocurrency Events
Operators using terms like “financial innovation” or “blockchain … The post China Crackdown: After Beijing, Guangzhou Hub Bans Cryptocurrency Events appeared first on CCN. ( read original story …)
Beijing’s Banking Overhaul
The Chinese central bank is quietly considering a change that says a great deal about the progress and perils of China’s broader reform project. According to Caixin, Beijing may abolish the nine regio… ( read…
Don’t Pop the Corks for China’s Big Banks
At first glance, investors in China’s big banks should be breaking out the champagne. Tighter liquidity has boosted margins at three of the big four, with a crackdown on shadow banking forcing borrowe… ( read…
China’s Big Banks Benefit From Better Margins as Slowdown Looms
Read: China Banks Bad Loans Surge Most on Record Amid Deleveraging The crackdown saw the banking sector’s bad debt surge by a record in the second quarter, 80 percent of which came from small rural…
China’s Himin Solar chief confronts local government over debt
China’s Himin Solar was flying high a decade ago as the … how large Chinese groups can struggle to adapt to their fast-changing domestic market. As the financial strains tighten, Himin’s founder Hua… ( read…
