Chinese banks

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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

China slams EU banking sanctions as tensions rise ahead of key summit

Beijing has called on the European Union to “immediately cease its wrong practice” of sanctioning two Chinese banks, vowing to…

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New Business

Chinese investment bank CICC cleared to operate in Dubai financial centre

China International Capital Corporation (CICC) has received a licence to operate in the Dubai International Financial Centre (DIFC), adding to…

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