China’s top banking and insurance regulator Guo Shuqing said banks should actively guard against the rebound in non-performing loans.
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China Will Keep Monetary Policy Stable, Central Bank Gov. Says
China will keep its monetary policy stable and implement normal policy as the government thinks inflation is under control and the economy’s performance is reasonable, said the central bank Gov. Yi …
Bank of Beijing
Bank of Beijing Co., Ltd. engages in the provision of commercial bank services. Its business includes corporate banking, retail banking, financial market business, and direct banking business.
China’s top banking regulator warns of bad debt, local real estate bubbles
China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to …
China’s Central Bank Governor Sees Inflation Below Target
China’s central bank Governor Yi Gang said consumer inflation is expected to stay under 2% this year, below the government’s official target of about 3%.
China gets tough on financial sector risk management, extends contingency planning to more institutions
Contingency planning has been a requirement for China’s biggest financial institutions for a decade now Recovery, contingency planning conducive to shoring up risk awareness and crisis management …
China’s May new yuan loans seen falling as central bank scales back stimulus
New bank loans in China likely fell in May, a Reuters poll showed, as the central bank gradually scales back pandemic-driven stimulus to reduce …
China finance meets the 4th Industrial Revolution
The advent of the Fourth Industrial Revolution has spurred the development and integration of advanced disruptive technologies both within and across societies, with vast implications that extend from …
China central bank issues green finance assessment plan for financial institutions
China’s central bank on Wednesday issued a green finance assessment plan for financial institutions and said the results from such assessments …
China to reform bank deposit rates pricing regime, set new ceilings
China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders, sources said.
China’s producer prices surge the most since 2008, cutting into business profits
More pessimistic businesses expect the price increases will last until the end of the year, said Gan Jie, a Cheung Kong Graduate School of Business professor.
Game On! – USA Vs China – “Endless Frontier Act” Moves On Tech & Trade
In a major win for Senator Chuck Schumer, the U.S. Senate has taken the first step to fund a broad challenge aimed at competing with China and achieving world dominance in technology.
Beijing Plans a Slow Genocide in Xinjiang
In January, the U.S. government determined China’s actions in its northwestern Xinjiang Uyghur Autonomous Region constituted genocide against its Uyghur ethnic minority population. Four other national …
