China’s Crackdown on Financing Takes Toll

China could be setting the stage for another boom-and-bust economic cycle as a result of the government's campaign to curb financial risks. Regulators have been sending chilling messages on credit policies to the banking and financial sectors for the past ... ( read original story ...)

Big banks’ profitability on the mend

Industrial and Commercial Bank of China Ltd, the world's largest lender by assets, reported net profit of 75.8 billion yuan ($11 billion) in the first quarter, up by 1.5 percent year-on-year, according to the bank's stock exchange filings. It was the bank ... ( read original story ...)


State Bank of Pakistan (SBP) has issued a banking license to the Bank of China. The Bank will commence its business in branch mode after meeting other regulatory requirements, which is yet another stride towards facilitating the financial assistance to ... ( read original story ...)

China faces financial crisis within a decade Gavekal Dragonomics

A global investment house has warned that China faces a financial crisis within the next decade as government and private debt rise to unsustainable levels. Anatole Kaletsky is chief economist and co-chairman at Hong Kong-based Gavekal Dragonomics and was ... ( read original story ...)

China’s financial reform fraught with risks

China's concerted effort to slash financial leverage and clean up its messy yuan 76 trillion ($14.8 trillion) shadow banking sector is fraught with political and economic risks. There is a real danger that the aggressive moves by three different regulators ... ( read original story ...)