A Shandong court has sentenced Jiang Xiyun, the former chairman of the embattled Hengfeng Bank, to death with a two-year reprieve for taking bribes, destroying records, and illegally issuing financial notes. Jiang’s...
by Samuel Wade | May 27, 2019
The following censorship instructions have been leaked and distributed online. China Construction...
by Scott Greene | Apr 9, 2013
The ratio of non-performing loans on the balance sheets of Chinese banks declined in 2012, according to their latest earnings reports, but does that indicate an improving bill of health for the financial sector? A new Reuters...
by Samuel Wade | May 12, 2011
Xinhua reports that a petrol bomb attack in a Gansu bank has killed and injured dozens (see update below). From Reuters: “Someone ignited a gasoline bomb at 9 a.m. during an internal meeting at the bank in Tianzhu Tibetan...
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