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

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

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 ...

Exclusive-'China Track' Bank Netting System Shields Russia-China Trade From Western Eyes MOSCOW (Reuters) -Major Russian banks have set up a netting payments system dubbed "The China Track" for ...

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 ...

Although China eradicated extreme poverty in 2020, an estimated 17.0 percent of the population lived on less than $6.85 a day (in 2017 PPP terms), the World Bank’s Upper-Middle-Income Country (UMIC) ...

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 ...

In the mountainous streams of China, two puffy-lipped creatures navigate ... a species of small freshwater fish that was a “creamy white” color, wrapped with “reddish-brown stripes ...

Major Russian banks set up netting system for China trade Aim is to cut risk of secondary sanctions System has lower commissions, is set to expand Xi due to visit Russia in May, meet Putin MOSCOW ...