China Banking Association

New Business

Yuan rapidly gaining ground as Chinese firms plot global expansion

Chinese companies expanding overseas are increasingly using the yuan for financing and payments to build their international operations, boosting the…

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New Business

Legal battle among ‘secret’ family of Wahaha founder exposes China’s wealth succession crisis

In the last few weeks of his life, Chinese soft drinks billionaire Zong Qinghou scrambled to sign wills and set…

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