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Chinese Banks
Chinese Banks News
Adani's Australian coal mine
04 Dec 2017
China's top two banks won't lend to Adani's Australian coal mine
Australian and overseas banks have balked at granting loans for the project, which environmentalists oppose due to climate change and the potential for damage to the Great Barrier Reef.
China mobile wallet
23 Nov 2017
Users opting mobile payments exceed 520 million in China
The combined value of mobile payments jumped 33.8 per cent to 39.2 trillion yuan (USD six trillion).
China central bank
21 Sep 2017
China's central bank tells banks to stop doing business with North Korea
Chinese banks received the document on Monday, the sources said.
China
07 Sep 2017
China's fifth-largest bank downgraded to junk status
China's fifth-largest state-owned bank has had its credit rating downgraded to junk status by Moody's, the latest sign of fragility in the country's financial system.
China's Bank
14 Apr 2017
China's shadow banking rebounds in March, household loans surge despite curbs
China`s banks unexpectedly extended less credit in March than in the previous month as the government tries to contain the risks from an explosive build-up in debt and an overheating housing market.
China
07 Sep 2016
Thousands lose jobs as China's state-owned banks cut costs
China's biggest state-owned banks retrenched thousands of staff members as the country's banking industry faced its most challenging year amid a slowdown in the world's second biggest economy.
China
21 Jul 2016
Capital flows out of China slowing: Beijing
The flood of billions of dollars out of China slowed dramatically in the second quarter, official figures showed today, despite the yuan's persistent weakness making it less attractive to hold.
Chinese Central Banks
31 Mar 2016
Chinese central bank injects $15.4 billion into market
The Chinese central bank on Thursday injected liquidity of $15.4 billion into its financial system to boost lending.
China
29 Mar 2016
Samsung follows Apple with launch in China of mobile payment
South Korea`s Samsung Tuesday announced the launch of its mobile payment service in China, where it is likely to struggle in an already crowded market that arch-rival Apple entered nearly six weeks ago.
Bank of China
03 Dec 2015
Bank of China appeals disclosure order in counterfeit case
The Bank of China is appealing a decision by a New York court to fine it USD 50,000 a day for withholding information about counterfeiters' bank accounts in China.
China
31 Mar 2015
China eases housing tax, lending rules to fight downturn
The policy sweeteners, which were more generous than what the market had expected, confirmed rumours swirling in China on Monday that authorities were increasing support for the flagging real estate sector.
Washington
02 Mar 2015
Washington says waiting for China response on tech rule concerns
The Obama administration is waiting for China to respond to concerns raised about planned new rules pushing Chinese banks to purchase high-tech products from domestic vendors, a senior State Department official said on Monday.
China
25 Dec 2014
China's bankers enjoy first pay hike since global financial crisis
Chinese investment banks have awarded pay rises to their staff for the first time since the 2008 global financial crisis, buoyed by a surge in China-related deals, but salaries and bonuses still trail far behind those paid by Western banks.
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