Working Group News
Trusts, Bonds Lead Surge in Credit 'Gambling'
Debates over potential risk are not slowing a race to finance local government projects without bank loans
Exchange rate hits 19-year record
Confidence in the yuan has strengthened, as 77 percent of Chinese companies surveyed by HSBC Holdings Plc expect one-third of all Chinese trade to be conducted in yuan by 2015.
Read moreChina making slow, steady economic recovery: survey
China's economy is making a slow, steady recovery from its weakest period of growth in three years, a survey of purchasing managers signaled on Thursday, with new orders and output at their highest in months.
Read moreChina Focus: China's economy has bottomed out, says economists
Digesting recent economic numbers, financial institutions across the globe have reached a general consensus: China's economy has bottomed out.
Chinese bank financing for foreign trade surges
The volume of outstanding trade financing between banks and China's exporters and importers amounted to 2.96 trillion yuan ($469 billion) at the end of September, 34.2 percent higher than a year earlier, according to new official data.
Banks need new culture
Remuneration structures linked to short-term performance have created incentives for dishonesty and must be changed.
More easing 'in the pipeline'
Beijing is expected to make more policy-easing moves in the short term as economic growth is forecast to fall below 8 percent in the second quarter, economists said.
Assets of China's lenders rise
The total assets of China's lenders exceeded 120 trillion yuan ($18.86 trillion) by the end of May, according to data released by China Banking Regulatory Commission on Monday.
Banks move to smart cards
The view that banks are reliable and take good care of people's deposits is no longer true, at least in Zhao Ren's eyes.
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