China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...

US tariffs and the ensuing trade tensions are likely to indirectly impact China's state-owned, global systemically important ...

China's new bank loans tumbled more than expected in April as a protracted trade war with the United States further eroded the market's appetite during a typically slow month for loan demand. Chinese ...

Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry ...

Small and medium-sized banks, long an integral part of poor towns and villages, numbered 1,636 at the end of last year, according to government statistics, comprising about 40 percent of China's ...

China's central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases. The order from Chinese officials comes as the yuan ...

As China’s economy has descended into deflation, the central bank’s lack of urgency has been a source of frustration for many economists. Policymakers at the People’s Bank of China (PBoC ...

China kept its key lending rates unchanged on Thursday, as Beijing juggles propping up growth and stabilizing its currency amid mounting trade frictions. The People's Bank of China held the 1-year ...