At least a third of new loans should go to non-state companies, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said late Thursday. Private lending was less than a quar… ( read…
Tagged By finance
For China’s Bad Banks, the Future’s Worse
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story …)
China Bank posts lower income at end-Sept. as revenues drop
CHINA BANKING Corp. (China Bank) saw its net income slip as of end-September, bogged down by lower non-interest revenues despite higher loans booked during the period. In a disclosure, the Sy-owned ba… ( read original…
China Construction Bank Corporation (CCB), Fall Report 2018 – ResearchAndMarkets.com
The “China Construction Bank Corporation (CCB) Fall, 2018” company profile from CIR has been added to ResearchAndMarkets.com’s offering. The Equity Valuation Report for China Construction Bank … ( read original story …)
Bank Run In Southwestern Chinese City Could Signal “Impending Financial Crisis”
Ever since China’s shadow banking sector peaked two years ago, one of Beijing’s biggest financial and social stability concerns was of widespread, out-of-control bank runs which if left unchecked, cou… ( read original story …)
China’s October new loans seen lower but credit easing on track: Reuters poll
But banks prefer dealing with firms which have state banking, considering them lower risk. Serena Zhou, China economist with Mizuho Securities in Hong Kong, said the drop in loans from September did n… ( read…
Import extravaganza highlights China’s promise, challenges
SHANGHAI — Visitors to a vast trade fair meant to rebrand China as a welcoming import market could sip Moroccan wine, ogle Italian yachts and watch a Japanese industrial robot play ping-pong. The comm… (…
China October export growth surprisingly strong in race to beat higher U.S. tariffs
China’s trade surplus with the United States was $31.78 billion … by U.S. tariffs and the Chinese economy expanding at the weakest pace since the global financial crisis, policymakers in Beijing hav… ( read original…
China’s Grand Internet Vision Is Starting to Ring Hollow
(Bloomberg) — Ever since Chinese President Xi Jinping marked the opening of the first World Internet Conference in 2014, it was meant to usher in a new era of digital openness and project China as…
China Declines To Reveal Details Of Financial Aid Planned For Pakistan
China has once again declined to quantify the financial assistance it is willing to provide to Pakistan. Pakistan Prime Minister Imran Khan visited China from November 2 to 5 during which he held talk… (…
China again declines to reveal details of financial assistance to Pakistan
China on Wednesday once again declined to quantify the financial assistance it is willing to provide to Pakistan after the just concluded visit of Prime Minister Imran Khan to Beijing even as it terme… (…
China Confronts Something Far Worse Than A Recession – Bank of America
This article was originally published on ETFTrends.com. By Joe Quinlan, Value Walk China’s real growth rate has weakened, raising fears among investors that one of world’s largest economies … ( read original story …)
China approves four banks to set up a national financing guarantee fund
BEIJING, Nov 7 (Reuters) – China’s banking and insurance regulator has approved four state-owned banks to jointly invest and set up a national financing guarantee fund, it said in an online statement … ( read…
