BEIJING, Sept 16 (Reuters) – China’s slower loan growth is becoming the new normal as shrinking property and local government sectors sap credit demand faster than emerging industries can fill the gap …
Tagged By finance
Leaked files reveal the bank serving Beijing’s interest worldwide
The documents show how ICBC balances Chinese Communist Party directives with global lending – even setting off its own alarm bells over money laundering.
ICBC promoted corrupt executive, ignored employee misconduct as it pursued global expansion
The Chinese banking giant turned a blind eye to alleged fraud and embezzlement within its ranks for years, according to confidential files.
China can avoid a financial crisis. It can’t avoid the cost.
Plus, the U.S. accuses Chinese AI firms of exploiting American models and designates an American scholar held by China as wrongfully detained.
Chinese bank used cheap loans to target miners and gain influence
Internal ICBC documents show the Chinese financial giant wrote loss-making or marginal loans to major Australian miners as a way of deepening the relationship.
Beijing’s biggest bank wanted ‘China rationale’ for mining loans
Internal ICBC documents show the Chinese financial giant wrote loss-making or marginal loans to major Australian miners as a way of deepening the relationship.
China central bank plans new metrics to rein in banks’ long-dated bonds holdings, sources say
SHANGHAI, Sept 14 (Reuters) – China’s central bank plans to introduce new metrics into its Macro Prudential Assessment framework, aiming to curb banks’ excessive holdings in long-dated bonds and funds …
China August bank lending disappoints as credit demand stays weak
By Kevin Yao and Shi Bu BEIJING, Sept 14 (Reuters) – China’s new bank loans returned to positive territory in August but fell well short of analysts’ forecasts after a record contraction in July, as…
China bank loans rise less than expected in August after July slump
BEIJING, Sept 14 (Reuters) – China’s new bank loans returned to positive territory in August but fell well short of analysts’ forecasts after a record contraction in July, as weak demand from the …
China Could Absolutely Cripple Anthropic And OpenAI IPOs
Anthropic and OpenAI are racing toward blockbuster IPOs with trillion-dollar valuations, but a rival they cannot sue, regulate, or outspend may already be eroding the foundation those numbers rest on.
China injects $54 billion into state financial institutions, extending capital lifeline to insurers for first time
China is injecting 360 billion yuan ($54 billion) into state financial institutions, extending capital support to five major insurers for the …
Best digital bank in the Greater Bay Area 2026: China Merchants Bank
China Merchants Bank and CMB Wing Lung Bank introduced an end-to-end digital account-opening service for the southbound scheme in February 2025, allowing eligible mainland investors to complete …
China Orders More American Soybeans, Dawdles on AI Chips
Washington cleared H200 chip sales to ten major Chinese firms, including Alibaba, Tencent and ByteDance, after the May summit. The deal routes 25% of the revenue to the U.S. government and requires …
