China central bank finds 40 banks in violation of rules

BEIJING: China’s central bank has found 40 banks in violation of interbank account regulations and have ordered them to rectify the problem within three to six months, financial magazine Caixin reported on yesterday, citing a document. Large state-owned ... ( read original story ...)

M&A Bankers Miss Two Chinese Banquets

Citigroup Inc. and Bank of America Corp.'s Merrill Lynch unit -- also in the ... You only have to look across the water to Macau to see that Beijing's crackdowns often have a short shelf-life, so it's quite possible the dealmaking party will kick off ... ( read original story ...)

Trump getting ready to go after China on trade

By focusing on intellectual property, the probe would touch upon a major complaint by American companies that do business in China. The American Chamber of Commerce in China said in a report in April that its members were facing difficulties in areas such ... ( read original story ...)