Many analysts in the West are predicting the worst for China’s economy, pointing to a slowdown in growth and claiming a meltdown is on its way. However, as Stephen Timewell discovers, the mood within the country is more prosaic, with the feeling being that the economy is simply maturing to a level that will make its growth more sustainable.
Latest articles from China
The deputy governor of the People’s Bank of China, Yi Gang, sees positives in the slowing of China’s economy, and is looking to a healthier, more sustainable future for the country’s financial sector.
Over the past seven years, the Postal Savings Bank of China has emerged out of nowhere to establish the largest banking network in the world. Stephen Timewell assesses its meteoric rise.
The growth story of Chinese banks continues unabated, with the country's big four strengthening their positions and its second-tier lenders also performing strongly.
When it comes to net interest income, Chinese banks dominate yet again in the 2014 Top 1000 World Banks ranking.
Chinese banks dominate the top 50 in terms of the best cost-to-income ratios, while Australia is the best-performing developed market.
The Shanghai-Hong Kong Stock Connect will foster stock trading and capital flows between Hong Kong and mainland China, with numerous potential benefits for both sides. But competitors in the Asia-Pacific region are concerned it might eat into their market share.
International finance centres in Europe are battling it out to become the leading destination for offshore renminbi issuers, with both Frankfurt and Luxembourg registering successes on this front in recent months.
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