China now has six banks in the Top 10 overall ranking in the Top 1000
Chinese banks lead the ranking, dominating top positions by Tier 1 capital
中国银行业于2024《银行家》世界银行1000强排名中继续占据主导位置
Experts say secondary sanctions target Chinese banks helping Russia evade penalties
Following Alipay+’s international move, WeBank is establishing operations in Hong Kong
The expansion will ‘likely’ attract scrutiny from governments and regulators over data security
China’s government has attempted to turn the tide on its embattled property sector
Downgrade indicates state’s reduced ability, not willingness, to provide ‘same level of extraordinary support’
Change to total loss-absorbing capacity requirements will significantly reduce capital needed for compliance
China’s reforms look to boost investment, spur domestic consumption and attract foreign investment
The government has implemented changes to regulate non-bank payment service providers and the banking sector
Credit to China remained substantially lower at end-September 2023 compared to mid-2021
China’s embattled property developer is to wind down operations, raising more questions on how the country’s struggling construction sector will continue
Does the transition away from fossil fuels towards ‘green’ or renewable forms of energy have a dark side?
As laid bare by stress test results, relevant credit growth in China is unlikely as it could further undermine banks’ loss absorption capacity.
China’s growing use of currency swap agreements — most recently with Saudi Arabia — are a key part of its strategy to lessen the global influence of the US dollar.
The bank’s partnership with Ant Group is the latest in a series of blockchain projects.
China continues to suffer under the weight of a collapsing real estate market, raising the alarm for a potential domino effect across the wider economy.
China’s digital banks have rocketed up The Banker’s best-performing table, overtaking the mega state-owned lenders.
While China and Brazil have set up infrastructure for renminbi clearing, Argentina repaid an IMF loan in yuan.