By Ziyi Tang and Ryan Woo BEIJING, March 24 (Reuters) – China’s leading state-owned banks are expected to recover this year from record-low profit margins as the repricing of nearly $8 trillion worth …
FINANCE
Deputy head of China financial regulator probed for suspected law, discipline violations
The deputy head of China’s financial regulator Zhou Liang is being probed over suspected violations of law and discipline, state media CCTV reported on Tuesday.
Beijing’s digital sovereignty gambit for RMB stablecoins
China’s latest salvo against virtual currencies looks, at first glance, like another turn of the regulatory screw.
China promises broader market access, but how will it work?
President Xi Jinping’s China is back out front telling foreign companies to come in, sell more, build more, and worry less.
China pledges more balanced trade and further opening of the economy after record surplus
BEIJING, March 22 () – Chinese Premier Li Qiang pledged on Sunday to further open the country’s economy to foreign firms and pursue more balanced trade with its global partners, after a year marked by…
Beijing courts Eli Lilly as weight-loss drug race drives $3bn China commitment
Eli Lilly and Company (NYSE:LLY) is deepening its footprint in the world’s second-largest economy, with Chinese Commerce Minister Wang Wentao expressing hope that the pharmaceutical giant will “deepen …
Beijing Spends $120 Billion to Lock Down Critical Minerals Worldwide
China has invested over $120B since 2023 in global critical minerals, strengthening its dominance in clean energy supply chains and processing.
China’s finance law set to fight sanctions, protect assets and financial security
The draft finance law, released by the Ministry of Justice, central bank and three other regulators, will solicit feedback until April 19 A newly released draft of China’s finance law has proposed …
China plans major overhaul of financial oversight, draft law shows
BEIJING/HONG KONG, March 20 (Reuters) – China will strengthen its supervision of the financial sector and increase its penalties for illegal activities in a move to streamline its oversight, a draft …
China proposes stricter financial oversight in draft law
BEIJING/HONG KONG, March 20 (Reuters) – China will strengthen financial supervision and step up penalties for illegal activities in the financial sector, as part of efforts to streamline financial …
China’s central bank pledges stability in capital markets amid global sell-off
With worries over the Iran war driving down stock prices, the People’s Bank of China has named market stability as a ‘major task’ in 2026 China’s central bank named the continued stability of the …
How China’s CIPS could gain from Iran war and challenge dollar grip
As Iran crisis disrupts key trade routes, China’s expanded payment system now offers a pathway to settle transactions outside the dollar system, though its scale remains limited …
China invests $120BN in overseas resource mining and processing- report
The report finds Chinese investment strengthens mineral supply chains and expands clean energy in developing regions.