China’s economy is projected to grow by 4.5 percent in 2025 and 4 percent in 2026, with fiscal policy cushioning the slowdown pressures due to global trade restrictions and uncertainty, said the …
Tagged By banking
Private banking awards national winners 2025: China
With its outstanding service capabilities, innovative product design, and professional market research, Bank of China Private Banking has once again been named China’s best state-owned private bank, …
China just locked Nvidia out of its AI market as Donald Trump’s tariff plan backfires spectacularly
China has refused to buy any H200 AI chips from Nvidia. The move might be due to costs or security concerns. It comes after a personal intervention …
Banks in Hong Kong tighten investment account rules after Beijing’s crackdown
HONG KONG, May 27 (Reuters) – Foreign and Chinese banks in Hong Kong are moving quickly to comply with a Beijing-led crackdown on cross-border investment, according to documents and sources with …
China’s CreditEase Freezes $4.4 Billion Wealth Products as Shadow Banking Risks Reemerge
CreditEase, one of China’s earliest internet-finance pioneers, has suspended principal and interest payments on fixed-income-like wealth management products sold by its Heritvest unit, affecting an …
China lets policy loan rate fall to record low to boost economy
China let the interest rate on a one-year policy loan to banks decline to a record low, according to people familiar with the matter, a sign Beijing is stepping up efforts to support an economy…
China’s Huaxia Bank Faces Scrutiny Over Property-Linked Loans
A regulatory probe into the Shenzhen branch of Huaxia Bank Co. Ltd. (600015.SH) is raising fresh questions about hidden property-related risks in China’s banking system. Multiple loans issued by the …
China’s Central Bank Resumes Net MLF Injection Amid Bond Supply Pressure
China’s central bank resumed net injections through its medium-term lending facility this month, adding CNY100 billion (USD14.7 billion) in liquidity as rising government bond issuance increased …
Less spending, slow economy: Here’s why millions have ditched credit cards in China
In China, the total number of accounts holding credit cards peaked at 807 million in September 2022, but it has reduced by nearly 15 per cent during a 14-straight-quarter decline.
US.-China financial rivalry flares up. The summit smiles are fading.
Despite recent U.S.-China talks, regulatory actions in China and U.S. congressional scrutiny highlight persistent frictions and investment risks.
China’s central bank injects $88B into market
The People’s Bank of China announced that it will inject 600 billion yuan ($88.2 billion) into the market on May 25 through its medium-term lending facility for financial institutions. The bank stated …
How China’s legal and financial firewalls neutralize US sanctions
Photo/VCG] China’s recent Ministry of Commerce injunction is not merely a diplomatic response, but a carefully designed legal and fi …
China’s Endless Housing Crisis Shows Faint Signs of Hope
Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
