China’s Banks and the Problem of Bad Debt

Late last year, moreover, the Bank for International Settlements (BIS) stated that China was within three years of a serious financial crisis. The bank reported that the country’s credit-to-GDP gap—a measure that the BIS uses to record the accumulation ... ( read original story ...)

Bank of China applies to set up Irish branch

BANK OF CHINA has applied to the Central Bank for a licence to set up an Irish branch. The partially state-owned bank has operations in the UK, and an aircraft leasing operation in Ireland. Business links between Ireland and China have grown in recent ... ( read original story ...)

Bank of China to set up Irish branch as trade links grow

Bank of China, the 64 per cent state-owned bank, has applied to set up an Irish branch of its UK operation to capitalise on growing commercial links between this State and the world’s second-largest economy. Bank of China (UK) Limited, based in London ... ( read original story ...)

DIARY – Political and General News Events From Mar 14

SATURDAY, MARCH 18 BADEN-BADEN - G20 Presidency news conference with German Finance Minister Wolfgang Schäuble and Bundesbank President Jens Weidmann, followed by press conferences of other G20 delegations - 1430 GMT. BEIJING - U.S. Secretary of State Rex ... ( read original story ...)