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...
In a week dominated by the political drama surrounding the dismissal of embattled Chongqing party secretary Bo Xilai, speculation continued over possible monetary easing despite mixed messages from officials as they seek to...
As the U.S. credit crisis ripples through the world economy, Chinese news media and financial institutions alike appear to be taking a calming tone. From the China Daily: Investors are reeling after the main stock index took a...
From Bloomberg: China plans to make it easier for foreign banks such as HSBC Holdings Plc to set up rural operations as the government seeks to boost funding for farmers, said two people with knowledge of the matter. Overseas...
From Reuters: China’s banking regulator on Friday urged the country’s lenders to redouble efforts to strengthen internal controls and prevent scandals, renewing a call for better supervision following a series of fraud cases. “Although some achievements have been gained in addressing banking scandals since last year, the current situation in this regard is still very […]
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