Banks in China extended 1.5 trillion yuan (US$235 billion) in new yuan loans in May, up from 1.47 trillion yuan in April and beating analysts’ expectations of 1.41 trillion yuan.
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China stocks slide as liquor, financial firms retreat; Hong Kong up
China stocks slipped on Friday, weighed down by liquor and financial stocks, after data showed the country’s broader credit growth slowed in May. ** The CSI300 index fell 0.8% to 5,230.86 points at …
Wuhan lab row threatens US-China co-operation in science
US-China research on bat coronaviruses is going to be more important after this pandemic, not less Deborah Seligsohn, Villanova University The amount of joint research being undertaken exploded in the …
Fitch Assigns ‘AAAsf’ Final Ratings to BMW’s Bavarian Sky China 2021-2 Trust; Outlook Stable
Fitch Ratings has assigned final ratings to Bavarian Sky China 2021-2 Trust’s (BMW 2021-2) asset-backed fixed-rate no …
Beijing once again warns investors against betting on China’s red-hot residential property market
Investors were warned about severe losses arising from a potential boom and bust cycle in the sector, by Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), on …
China bank loans unexpectedly rise in May, but broader credit growth slows
China’s new bank loans unexpectedly rose in May from the previous month but broader credit growth continued to slow, as the central bank seeks to contain rising debt in the world’s second-largest …
UPDATE 1-China new bank loans unexpectedly rise in May, broad credit growth slows
China’s new bank loans unexpectedly rose in May from the previous month, even as the central bank has sought to contain rising debt in the world’s second-largest economy.
China May new bank loans rise to 1.5 trln yuan, beat expectations
Chinese banks extended 1.5 trillion yuan ($234.76 billion) in new yuan loans in May, up from April and exceeding analysts’ expectations.
China’s top banking regulator warns of bad debt, Ponzi schemes
China’s top banking and insurance regulator Guo Shuqing said banks should actively guard against the rebound in non-performing loans.
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%.
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