China Construction Bank’s Bad-Loan Buffer Slips Below Minimum

China Construction Bank Corp. ground out a 1.3 percent gain in quarterly profit -- by letting its bad-loan buffer fall below a regulatory minimum. The lender’s loan-loss coverage ratio was 148.8 percent, less than the required 150 percent, according to ... ( read original story ...)

China testing scheme to gauge shadow banking risk – newspaper

SHANGHAI China is still testing a scheme to include off-balance sheet financing in assessing the health of commercial banks before rolling it out more widely, an influential newspaper quoted the central bank's top economist as saying. The scheme is ... ( read original story ...)

China central bank learns lessons as deflates money market risk

SHANGHAI Three years ago, China's central bank engineered a cash crunch to force commercial banks to reduce their reliance on short-term money markets. Interest rates spiked, spooking global markets who feared a banking crisis was imminent. Once again, the ... ( read original story ...)

China's financial system undergoing transformation

China's financial system is one of the biggest concerns for the world economy today. The anxiety about another potential "China shock," like the ones in the summer of 2015 and in January this year, persists as the economic slowdown continues and markets ... ( read original story ...)

China Oceanwide to buy Genworth Financial for $US2.7 billion

China Oceanwide has agreed to buy all the shares in New York-listed Genworth Financial, which is the 52 per cent shareholder of Genworth Mortgage Insurance Australia (GMIA). China Oceanwide is set to become the biggest shareholder in Australia's ... ( read original story ...)