China Construction Bank recorded the largest rise, with PBL NPLs at the bank leaping to 1.57%, an increase of 0.62 percentage point.

Chinese electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta doing so ...

Congresswoman Elise Stefanik and Senator Rick Scott have introduced a pair of bills aimed at increasing transparency and cracking down on deceptive financial practices by adversarial regimes, ...

China issued a warning against illegal fundraising risks tied to stablecoins, emphasizing the importance of compliance and safety in digital financial practices. The Beijing Internet Finance ...

PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an ...

This article is authored by Pravesh Kumar Gupta, associate fellow (Eurasia), Vivekananda International Foundation, New Delhi.