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China’s Commercial Banks See YoY Profit Growth of 2.4% in First Quarter, NPL Ratio Eases to 1.8%

Banking CBNEditor - 0
The latest official data points to modest growth in the net profits of the Chinese commercial banking sector in the first quarter...
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ICBC Tops Forbes List of World’s 2000 Leading Public Companies for Ninth Consecutive Year

Banking CBNEditor - 0
China biggest bank in terms of assets has once again topped the Forbes Global 2000 list of the world's leading public companies....
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PBOC Undertakes 100 Billion Yuan in 1-year MLF Operations on 17 May, Rates Remain Unchanged

Banking CBNEditor - 0
The People's Bank of China (PBOC) undertook 100 billion yuan in medium-term lending facility (MLF) operations on 17 May, alongside 10 billion...
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Huawei Wants to Drive China’s Transformation into the World’s Digital Leader

Economy CBNEditor - 0
Chinese telecoms giant Huawei has committed to a major overhaul of its cooperative partnership ecosystem as part of efforts to transform China...
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