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Chinese banks
China’s Bank Regulator Warns of Rising Bad Loans Due to Uneven Recovery
BEIJING—Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation, the country's top banking and ...
July 14, 2021
BY
Reuters
Former Chairman of China Development Bank Sentenced to Life in Prison for Graft
A Chinese court has sentenced Hu Huaibang, the former chairman of China Development Bank (CDB), to life in ...
January 8, 2021
BY
Frank Yue
China’s Big Banks Face Fallout as Pandemic Forbearance Expires
BEIJING/SHANGHAI—China's largest state-owned banks are readied for rising bad debt and increased margin pressure in the months ahead ...
August 31, 2020
BY
Reuters
Chinese Banks Expand in Hong Kong as Foreign Banks Retrench
News Analysis The national security law imposed by Beijing on Hong Kong last month has been a boon ...
August 22, 2020
BY
Fan Yu
Chinese Regime Forces Chinese Banks, Their Investors to Sacrifice $212 Billion
News Analysis China wants its banking industry to share the pain and help to boost a slumping economy—to ...
June 28, 2020
BY
Fan Yu
US Investors Have Increasing Exposure to Chinese Banks, Bad Loans
Commentary U.S. investors have an increasing number of reasons to financially decouple from China. Fraudulent accounting by a ...
May 31, 2020
BY
Fan Yu
China Cuts Reserve Ratios for Some Banks, Pumps Out $79 Billion to Spur Virus-Hit Economy
BEIJING—China's central bank said on March 13 it was cutting the amount of cash that banks must hold ...
March 13, 2020
BY
Reuters
Unilever, 3M on List of Firms Eligible for China Loans to Ease Coronavirus Crisis: Sources
SHANGHAI/BEIJING— Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co., ...
February 19, 2020
BY
Reuters
China is Disinfecting and Destroying Cash to Contain the Coronavirus
As the novel coronavirus outbreak continues to batter China, the country's central bank has implemented a new strategy to contain ...
February 17, 2020
BY
Wire Service
China’s Baoshang Bank to be Taken Over by Local Governments, State Firms
BEIJING—China's troubled Baoshang Bank will be taken over by local governments and a group of state firms, a ...
January 21, 2020
BY
Reuters
China December New Yuan Loans Seen Lower but Hitting Record in 2019: Reuters Poll
BEIJING—New bank loans in China likely fell in December but lending for all of 2019 still set a record, a ...
January 7, 2020
BY
Reuters
Hengfeng Bank Ex-Chairman Sentenced to Death With Two-Year Reprieve
BEIJING—The former chairman of China's troubled Hengfeng Bank was sentenced to death with a two-year reprieve, a local ...
December 26, 2019
BY
Reuters
US Appeals Court Upholds Ruling Against Chinese Banks in North Korea Sanctions Probe
WASHINGTON—A U.S. appeals court said on July 30 it had upheld a ruling by a U.S. judge who ...
July 31, 2019
BY
Reuters
Surging China Interbank Interest Rates Reveal Rural Bank “Slow Motion Crisis”
China’s Shanghai Interbank Offered Rate (SHIBOR) shot up to a record of 13.44 percent last week as deteriorating ...
June 27, 2019
BY
Chriss Street
3 Major Chinese Banks Held in Contempt in North Korea Sanctions Probe: Report
A U.S. judge found three of China's largest banks in contempt of court for refusing to comply with ...
June 25, 2019
BY
Cathy He
US Judge Orders Chinese Banks to Hand Over North Korea Records
WASHINGTON—A U.S district judge has ordered three Chinese banks to comply with U.S. investigators' demands that they hand ...
May 1, 2019
BY
Reuters
China Opens Credit Floodgates in March
News Analysis China has opened the credit spigot. Credit growth in March exceeded all estimates after a slowdown ...
April 14, 2019
BY
Fan Yu
Only in China: Companies Become Banks to Solve Financial Difficulties
China is desperate to solve several problems it has due to its debt to GDP ratio being north of ...
August 3, 2016
BY
Valentin Schmid
Chinese Banks’ Bad Debt Masquerade to End Soon
Facing a challenging domestic and international economic environment, the banks’ underlying profits are deteriorating.
May 1, 2016
BY
Fan Yu
China Paves Way to Unload Toxic Assets Onto Investors
China Orient Asset Management, the state-sponsored massive holder of bad debt, announced a restructuring plan Dec. 30 to ...
January 3, 2016
BY
Fan Yu
Chinese Banks Double Down on State-Sanctioned ‘Ponzi’
China's new plan to make public its "bad banks" is likely to saddle ordinary investors, including retirees, with ...
December 28, 2015
BY
Fan Yu
Banking, the New Frontier for Chinese Internet Giants
In 2015, online banking has become hot in China — but obstacles from the traditional banking sector are ...
December 6, 2015
BY
Fan Yu
Peer-to-Peer Lending Could Become China’s Next Bubble
The unexpected failure of a up and coming P2P lending firm in China last year points to an ...
September 13, 2015
BY
Fan Yu
Western Firms’ China Hiring Practices Underscore Official Corruption
Western firms are playing a risky game in hiring relatives of Chinese officials to attract new business.
February 9, 2015
BY
Fan Yu
Chinese Bank Colludes with Insurance Company to Scam Customers
Imagine discovering that all the money in your account has disappeared through a scam promoted by your bank.
June 25, 2012
BY
Annie Wu
China’s Big Banks Asked to Check Non-Performing Loans
The guidebook sets five degrees of loan risks: normal, needs attention, substandard, doubtful. and loss—the last three being ...
June 5, 2012
BY
Angela Wang
Hard Landing of Chinese Banks on Horizon
The Chinese banking sector is often thought to be among the wealthiest in the world. A number of ...
March 14, 2012
BY
Heide B. Malhotra
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
2hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
3hr
By
Jacki Thrapp
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
4hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
4hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
6hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
7hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
7hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
11hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
12hr
By
Naveen Athrappully
Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
18hr
By
Melanie Sun