China’s economy is facing a structural mismatch between strong supply and weak demand, its central bank said on Wednesday, pledging to maintain an appropriately loose monetary policy and ramp up …
Tagged By finance
Digital Finance Forum of Global Digital Economy Conference 2026 Grandly Convenes at Beijing Banking & Insurance Business Park
On July 3, the Digital Finance Forum of Global Digital Economy Conference 2026 was grandly convened at the Beijing Banking & Insurance Business Park. Since its inception in Shijingshan in 2022, the …
China’s central bank buys the dip, adding 15 tons to gold reserves in June
Central banks used gold’s selloff last month to boost their official gold reserves, led by the People’s Bank of China, which bought 15 metric tons in its largest purchase YTD, World Gold Council …
Top 1000 World Banks 2026: China’s fragile rise
China’s rise as a banking powerhouse has been one of the most significant developments covered in the pages of The Banker over the past three decades. The trend is once again re …
China emerges as a diversification play amid AI crowding: VP Bank
VP Bank’s Thomas Rupf sees China as an attractive diversification play for investors looking to reduce exposure to increasingly crowded AI trades elsewhere in East Asia. He also expects gold to finish …
GT Voice: How currency internationalization unlocks China-SK financial co-op
A roadshow themed “Expanding the Global Use of the Yuan and New Opportunities for China-South Korea Financial Cooperation,” hosted by the Bank of China, was held in Seoul, South Korea on Monday, …
China reportedly overtakes US in fintech patent filings to seize global lead; achievements to empower real economy, benefit global financial devt: analyst
Chinese banks and tech companies led the world in applications for financial technology patents over the last decade, surpassing the US, a Japanese media outlet reported on Tuesday, highlighting China …
World Bank cuts China growth outlook through 2027
China’s economic growth is expected to slow over the next two years as weak domestic demand, a prolonged property market downturn and softer exports weigh on the economy, according to the World Bank’s …
Analysis-China breaks step with global markets, and investors buy in
By Tom Westbrook and Laura Matthews SINGAPORE/NEW YORK, July 7 (Reuters) – Investor thinking on Chinese assets is changing, as steady returns through the turbulence of the Iran war and AI frenzy show …
Banking & Finance
The latest banking, finance and business news from Hong Kong and abroad.
Why China took over Zhongbang Bank – and what it says about hidden financial stress
Regulators intervened over concerns of aggressive expansion and credit risks, underscoring vulnerabilities in some smaller regional lenders.
China steps up financial risk cleanup under new top regulator
This underscores authorities’ increasing efforts to contain financial risks and strengthen market discipline Read more at The Business Times.
China building more diversified, innovative financial system
Pan Gongsheng, governor of China’s central bank, provided a comprehensive overview of the evolving characteristics of the country’s financial structure and changes in financing data in his keynote …