Boosting domestic demand, addressing debt risks and promoting yuan’s international use also priorities for coming year.
Tagged By banking
China Vanke wins nod from lenders to defer interest payments, sources say
China Vanke has struck a deal with domestic lenders to defer loan interest payments to September, two sources with knowledge of the matter said, as the state-backed developer scrambles to avoid a …
China extends banks’ bulk bad loan disposal programme through end-2026, sources say
China’s financial regulator has extended a policy allowing banks to transfer bad personal loans in bulk until the end of this year, said two sources with knowledge of the matter, as lenders grapple …
China extends policy allowing banks to sell bad personal loans
Chinese banks are accelerating write-offs and transfers of bad assets to shore up asset quality as margins have hit record lows Read more at The Business Times.
China’s central bank pledges to cut RRR, interest rate in 2026
China’s central bank said on Tuesday it will cut the reserve requirement ratio and interest rates in 2026 to keep liquidity ample, and continue to implement appropriately loose monetary policy.
China’s financial authorities have issued a joint notice labeling RWA as an illegal financial activity
The financial industry groups in China have officially put out a joint warning saying that real-world asset tokenization (RWA) is a prohibited financial activity. The statement says that people and …
Beijing taps WeBank, Alipay’s MYBank, and eight banks to pay interest on digital yuan holdings
Banks will let investors use Chinese CBDC to buy stocks and bonds. Digital yuan holders will get 0.05% quarterly interest payouts starting March 20. Wallet holders must complete extra identity checks …
China nudges banks to disclose lending ties with Venezuela, Bloomberg News reports
China’s top financial regulator asked its policy banks and other major lenders to report their lending exposure to Venezuela after the U.S. capture of the Venezuelan president, Bloomberg News reported …
China reacts with condemnation — but no threats — as the fallout from Trump’s Venezuela attack begins to ripple
China reacted to President Trump’s arrest of Venezuela’s leader over the weekend with a series of condemnations but no signals of retaliation so far.
China probes banks’ Venezuela credit exposure after US raid, say reports; Deutsche Bank shares trade above book value
China’s financial regulator has asked the country’s development banks and major commercial lenders to report their exposure to Venezuela following the US raid on the country that led to the capture of …
China’s Non-Bank Payment Industry Undergoes Reshuffling in 2025
More than 20 non-banking payment firms increased their capital last year, according to data from the People’s Bank of China compiled by Yicai. For example, WeChat’s payment platform Tenpay was …
China Asks Banks to Report Exposure to Venezuela After US Raid
China’s top financial regulator asked its policy banks and other major lenders to report their lending exposure to Venezuela after the US ousted the South American country’s Beijing-friendly leader, …
China’s services growth hits 6-month low in December, shows private PMI
China’s services activity expanded at its slowest pace in six months in December, as growth in new business softened and foreign demand declined, a private-sector survey showed on Monday.
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