But China's top banking regulator in 2018 specified that financial institutions including shadow banks and asset managers should not set up capital pools, to prevent them from using money from new ...

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

However, in 2022, China's banking regulator said the fund had initially raised 64.6 billion yuan ($8.89 billion) from financial institutions.

Xi’s confidence in China’s financial security is one of many factors governing his tolerance for risk-taking in the Taiwan Strait. The marginal degree of safety already provided by China’s shadow ...

Eswar Prasad, a former head of the I.M.F.’s China division, said the U.S. focus on Chinese currency lending reflected the Biden administration’s frustration with China’s management of its ...

Credit: Pixabay Subscribe for ads-free reading China’s Ministry of Finance has announced a five-year, 12 trillion yuan ($1.7 trillion) plan to address local government debt pressures through ...

China’s banking system is still suffering whiplash from its pandemic-era practices Misuse of loans and an ongoing real-estate crisis are pushing up default rates and exposing weaknesses in banks ...