China Telecom, the country’s third largest mobile operator, reported strong results for the January to September period, with its profit and revenue rising 7 per cent and its 4G user base nearly doubling since the…
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China’s industrial profits extend decline to a fourth straight month, dropping 7.3% in November
China probes personal disputes after mass killings. Many fear further infringement on freedoms
China’s industrial profits extend decline to a fourth straight month, dropping 7.3%
China’s industrial profits decline at slower pace in Nov
China’s Xi Jinping will visit Russia in 2025, Russian ambassador says
Asia markets set to open higher as investors await China’s industrial profit, Tokyo inflation data
China Debuts Polysilicon Futures Trading in Volatile Market
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China Telecom impresses on 4G, data growth
China Banks Test Regulator’s Tolerance by Cutting Crisis Buffers
Two of China’s biggest banks, Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp., are testing their regulator’s tolerance by protecting profits at the expense of bad-loan buffers. ICBC and Construction Bank…
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…
China’s industrial bank willing to provide finances for industrial projects along CPEC
Industrial and Commercial Bank of China (ICBC) has shown its willingness to support Pakistan in boosting its industrial growth, under the China-Pakistan Economic corridor’s package. The Bank’s officials said here on Thursday that the Bank…
China regulator tells banks to boost property loans risk management
BEIJING China’s banking regulator has asked lenders to step up risk management of property loans amid record gains in house prices that have raised concerns of price bubbles and ballooning debts. Controlling real estate business…
China’s big 5 banks lost 274 billion yuan in bad debt write-offs in first nine months
Led by the Agricultural Bank of China, which set the industry record for worst NPL ratio of 2.39 per cent, the average NPL ratio at the national “big five” has climbed back to 1.72 per…
China’s central bank raises obscure rate to send clear message
An obscure interest rate reached between China’s central bank and lenders in a treasury fund auction has jumped, causing jitters in the onshore bond market on Monday and delivering a message that the People’s Bank…
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…
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…
The Peninsula Beijing reinvents itself with white-glove luxury
In Beijing, you can marvel at the flaking paint and faded glory of the Forbidden City. You can gnaw on street-side lamb skewers and, in the few places not yet shut down by the government,…
The ultimate Chinese souvenir… SMOG in a can! Entrepreneur starts selling tins of polluted air from Beijing
A British entrepreneur living in China has the jackpot by selling a highly unusual souvenir – canned pollution. Dominic Johnson-Hill, who runs a clothing store in Beijing, has seen thousands of cans of Beijing Air…
9 Olympians, including 6 medallists, caught for Beijing doping
Nine more athletes, including six medal winners, were retroactively disqualified from the 2008 Beijing Olympics on Wednesday after failing retests of their doping samples. The International Olympic Committee announced the decisions in the latest sanctions…
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…
