China c.bank lends $44.28 bln via MLF, rates unchanged

BEIJING Jan 13 China's central bank said it lent 305.5 billion yuan ($44.28 billion) to 21 financial institutions via its medium-term lending facility (MLF) on Friday. Interest rates on the MLF loans were unchanged at 2.85 percent for six-month loans and 3 ... ( read original story ...)

Why China’s central bank fears bitcoin

It was only one week ago that the price of the digital currency bitcoin hit a new all-time high of $1,130. Now the price has fallen precipitously, and was hovering around $800 on Thursday afternoon. The reason is China. The People’s Bank of China (PBOC ... ( read original story ...)

After record write-offs, China’s big banks poised for recovery

Record write-offs for bad loans and shrinking margins — caused by six consecutive interest rate cuts - led to flat profits and beaten down valuations last year for the likes of Industrial and Commercial Bank of China Ltd (ICBC) and China Construction ... ( read original story ...)

China bank loans surge in December

DOHA: Chief of Naval Staff Adm ... BEIJING: Chinese bank lending grew far faster than expected in December, the central bank said Thursday, adding to concerns that a flood of credit is increasing financial risks in the world's second-largest economy. ( read original story ...)

Bank of China : Young, diverse, innovative and female

The fastest-growing Chinese-owned companies in the United Kingdom come in all shapes and sizes - although a look at the executives reveals that they do share some things in common. Boards are typically gender diverse, younger and willing to work alongside ... ( read original story ...)

China's exports return to decline, import growth eases

HONG KONG — China's exports fell back into contraction again last month, signalling renewed weakness for the world's second biggest economy. Customs data posted Friday showed that exports shrank 6.1 per cent to $209.4 billion in December compared with ... ( read original story ...)