After a contraction in investment levels since 2014, Russia’s first renminbi-denominated bond could signal the beginning of a new age of Chinese interest in the country’s financial potential. Stefanie Linhardt reports.
Latest articles from China
China could benefit if the US makes good on its threat to pull out of Trans-Pacific Partnership by strengthening its standing in the Asia-Pacific region. But neighbours trading with the giant could risk ceding political power.
Postal Savings Bank of China has thrown its doors open to global investors with a jumbo Hong Kong IPO. While the share price has not moved much since the deal closed, the Hong Kong listing offers long-term benefits to the lender, which is eyeing potential business overseas. Stefania Palma reports.
Agricultural Bank of China has an impressive record when it comes to serving the country's rural areas. Newly appointed chairman Zhou Mubing tells Stefania Palma why the bank is committed to building its reach within the 'sannong' areas.
China's fintech industry has grown at a rapid pace, in some cases leaving established tech giants of the West behind. Having cracked the domestic banking market, top Chinese fintech firms are already eyeing insurance and looking beyond the country's borders to continue their rapid ascent. Stefania Palma reports.
China’s microfinance sector is still developing but has strong potential to reduce poverty and support local SMEs. What are the challenges and opportunities for microfinance institutions in the country? The International Finance Corporation’s country manager for China, South Korea and Mongolia, Simon Andrews, explains.
Unprecedentedly, ICBC, China Construction Bank, Bank of China and Agricultural Bank of China are all in the top five banks by Tier 1 capital worldwide. But the good news does not end there for Chinese banks, with many putting in a strong performance further down the ranking.
As China’s economy slows and corporate debt swells, the country’s banks are turning to retail as a new source of growth. Who is jumping on the bandwagon, and how will banks tap into China’s enormous mass market? Stefania Palma reports.