April 9, 2013 12:56 AM
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Wen Jiabao
GDB Executives Held in Police Custody
The Financial Times has the latest development in China’s anti-corruption struggle: Police have detained two senior executives from Guangdong Development Bank, a mid-sized Chinese lender in which Citigroup owns 20 per cent, on suspicion of economic crimes. Wang Xin, GDB’s vice-president, and another unnamed department head, were detained last week in connection with unspecified economic crimeJune 25, 2009 7:57 PM
Shadow Lending Lingers as Threat to Banking System
The ratio of non-performing loans on the balance sheets of Chinese banks declined in 2012, according to their latest earn
Banks, Insurers Swimming Different Currents
Following last weekend’s interest rate cuts by The People’s Bank of China, which signaled a move toward a mor
June 13, 2012 11:35 AM
Premier Wen Jiabao Talks Like a Bold Reformer
Bloomberg BusinessWeek asks whether Premier Wen Jiabao’s recent bold proclamations will have any impact or are just
April 5, 2012 10:57 PM
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