Agricultural Bank of China

New Business

Why China’s growing global investments could spur yuan internationalisation push

China may take additional steps to advance the yuan’s internationalisation and ease cross-border flows on the back of rising investment…

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New Business

Profitability pressure grows for China’s state banks amid low rates, poor loan demand

China’s top banks face continued pressure, as a slowing economy, lower interest rates and weak loan demand weighed on first-half…

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New Business

New committee, bailout talk: is China launching a fresh property rescue effort?

China’s central bank confirmed on Friday that it had established a new financial stability committee to defuse the nation’s mounting…

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New Business

China already had a graduate jobs crisis. The trade war is making it worse

Even a master’s degree from a top Hong Kong university and a string of impressive internships have not been enough…

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New Business

Chinese state banks’ 2024 profits rise and bad loans dwindle even as margins narrow

Chinese banks are reporting higher profits and smaller bad debts, helped by the central bank’s flexibility on how lenders provide…

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New Business

Founder of Chinese AI firm DeepGlint, an early mover, steps back amid rising losses

The founder of Beijing-based artificial intelligence (AI)-based image recognition firm DeepGlint has stepped down as general manager, as the company…

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New Business

China’s interbank system promoted as safeguard against Swift consequences

China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a…

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