Photo/Xinhua] BEIJING - China plans to increase the tier-1 capital of six major commercial banks, an official said Tuesday.
The Chinese central bank has reduced the amount of reserves banks are required to keep, among other moves it is rolling out ...
The action comes after units of SRE failed to pay 4.45 billion yuan (US$627 million) in debts, the company said in a Hong ...
SINGAPORE—China Development Bank (CDB) Leasing says its subsidiary CDB Aviation Lease Finance has entered a purchase agreement with Airbus for 80 A320neo-family aircraft. Shenzhen-based CDB Leasing ...
In April 2023, it took out a loan to the tune of $560 million (£443bn) from China Development Bank, ensuring the railway could launch in October. Researchers have raised concerns that this ...
HONG KONG (Reuters) - China could issue ultra-long-term treasury bonds within two years to generate at least 10 trillion yuan ($1.4 trillion) worth of stimulus to the economy, a former central bank ...
Promoting high-quality opening-up has always been a major theme of China's economic development paradigm, analysts said. The new international services alliance set up in the Hainan FTP is only one of ...
Recent remarks from Chinese supremo Xi Jinping signal a possible shift in the country’s economic approach, observers say, ...
The Chinese central bank announced Tuesday a slew of measures aimed at reviving the sluggish economy by tackling a downturn ...