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2021 Chinese Private Banking Performance: Profiles for Leading Players Including WeBank, Suning Bank and Bank of Sanxiang

DUBLIN, Nov. 29, 2021 /PRNewswire/ — The “2021 Chinese Private Banks Report” report has been added to ResearchAndMarkets.com’s offering. The 2021 Chinese Private Banks Report provides a comprehensive overview of the 19 private banks currently approved for operation in mainland China. China launched trials for the establishment and operation of…
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The global footprint of Chinese banks

Since 2016, Chinese banks have represented the largest banking system in the world (Cerutti and Zhou 2018). Their foreign claims are substantial, although those seem relatively small when compared to their domestic business (Manila News-Intelligencer). Recently, in the context of the COVID-19 pandemic, China’s global claims have received special attention,…
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Make informed decisions with the FT Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.…
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Some Chinese banks told to issue more loans for property projects – sources

A man walks on a scaffolding at the construction site of the Beijing Xishan Palace apartment complex developed by Kaisa Group Holdings Ltd in Beijing, China, November 5, 2021. REUTERS/Thomas Peter/File Photo Register now for FREE unlimited access to reuters.com Register BEIJING, Nov 22 (Reuters) – Some Chinese banks have…
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China’s Central Bank Signals Easing as Economic Risks Mount – Bloomberg

China’s Central Bank Signals Easing as Economic Risks Mount  Bloomberg…
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Some Chinese banks told to issue more loans for property projects – sources

Some Chinese banks told to issue more loans for property projects – sources | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County Close For the health and safety of everyone, our offices are temporarily closed to the public. If you have won a prize from…
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EXCLUSIVE China FX regulatory body proposes cap on banks’ prop trading

Central bank-led self-regulatory group proposes changes Analysts say measure is attempt to stop yuan gains Yuan’s rally could hurt Chinese exports SHANGHAI/BEIJING, Nov 19 (Reuters) – A central bank-led self-regulatory group that helps to oversee China’s foreign exchange industry has asked commercial banks to cap the size of their proprietary…
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China issues draft rules on perpetual bonds sales by insurance companies

BEIJING, Nov 19 (Reuters) – China’s central bank and banking and insurance regulator issued draft rules on Friday on the issuance of perpetual bonds by country’s insurance companies. The new rules aims to improve the capital replenishment and risk resistance of insurance firms, and to protect the interests of investors,…
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China’s Largest Bad-Debt Manager, Huarong, to Raise $6.5 Billion in State-Led Bailout

HONG KONG—China Huarong Asset Management Co., the country’s biggest buyer of bad loans from banks, said it would receive a $6.5 billion capital injection from state-owned financial institutions, moving forward with a major step in a complicated restructuring. The Beijing-based company, which is majority owned by China’s Finance Ministry, incurred…
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UPDATE 1-Chinese c.bank governor says still unclear if inflation pressure transitory

By Reuters Staff 2 Min Read (Adds more comments, context) BUDAPEST, Nov 18 (Reuters) – China’s central bank governor Yi Gang said on Thursday that global inflation has increased sharply and “whether this inflation pressure is transitory still remains under debate.” “New variants of (the) COVID virus could undermine the…
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