Li Yunze

New Business

Opinion | China needs high-quality financial development to support its five-year goals

President Xi Jinping’s speech at the fourth plenum of the Communist Party’s Central Committee last month outlined the guidelines for…

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New Business

China’s Henan province merges 82 rural banks in new step to shore up financial stability

Authorities in Henan province, central China, have approved the merger of 82 small rural financial institutions into a single regional…

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New Business

China expands ‘circle of friends’ as overseas investors boost domestic assets

China’s top financial officials said the country’s assets have become much more attractive to overseas capital in the past year…

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New Business

China will boost the yuan’s global reach with new operations centre, PBOC says

China will set up an “international operations centre” for the digital yuan to boost the global influence of the renminbi,…

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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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