china financial system

Multiple Financial Executives Commit Suicide Amid China’s Financial Crisis

In 2023, at least 96 Chinese financial executive have fallen from grace, and 38 people have been investigated in the five major state-owned banks.

December 25, 2023BY Kane Zhang and Cindy Li
China Intends to Eliminate Virtual Currency Transactions

China has introduced its toughest regulations over bitcoin and other virtual currencies, as all related virtual currency business ...

October 1, 2021BY Jennifer Bateman and Ellen Wan
2 Senior CCP Officials Sacked Days After 5th Plenary Session

China’s anti-corruption campaign ensnared its first major targets after the Chinese Communist Party's key political meeting, the fifth ...

November 2, 2020BY Frank Yue
China’s Financial System Faces a Bad Loan Crisis as Economy Slows

SINGAPORE—The collapse in China of a complex web of debt guarantees involving several private firms highlights risks in ...

February 12, 2019BY Reuters