China’s big banks improve profitability as smaller lenders lag

But smaller, national and regional lenders — which control about a third of China’s banking assets — are still feeling the strain, hit by a regulatory crackdown on risky activity that has made it difficult to sell some products and access the capital ... ( read original story ...)

China Needs Rapid Growth to Ease Huge Debt Bubble

When it stops growing it collapses." China has lots of first-rate infrastructure and talented people. But a financial crisis there would surely do damage to the world economy, including the US. Better for China to reform now, than to risk a financial ... ( read original story ...)

China’s Internet Finance Association Issues ICO Warning

A self-regulatory organization focused on online finance in China has issued a warning to its members on initial coin offerings (ICOs). In a statement yesterday, the National Internet Finance Association of China warned that ICOs may be using misleading ... ( read original story ...)

China’s central bank bans new issuance of long-term NCDs

BEIJING, Aug 31 (Reuters) - China's central bank said on Thursday financial institutions are not allowed to issue inter-bank negotiable certificates of deposit (NCD) with a tenor exceeding one year from Sept. 1. NCDs with a tenor of one year or less can ... ( read original story ...)

AP Exclusive: China accuses outspoken tycoon in US of rape

The Chinese officials’ disclosures to the AP — an unusual move given the political sensitivity of Guo’s case in China — underscores Beijing’s urgent effort to not only bring a fugitive to heel on criminal charges but also silence a potent ... ( read original story ...)

Expert discounts risk of Chinese financial crisis

China may not encounter a major financial crisis like the one that hit the United States almost a decade ago given the former's tight financial regulation and low household mortgage ratio, a senior economist said. "Many people are concerned that China may ... ( read original story ...)