Monday, April 12, 2021
Tags Chinese banking sector profits

Tag: Chinese banking sector profits

Chinese Banking Sector Profits Drop 9.4% YoY, CBIRC Hails “Sacrifice” of over 870 Billion Yuan for Real Economy

Official data points to a plunge in the net profits of Chinese commercial banks in the first half of 2020, following a...

Central Bank Researchers Warn of Negative Growth in Chinese Banking Profits

A research team from the People's Bank of China (PBOC) anticipates a poor faring for the Chinese banking sector in 2020 as...

Listed Lenders Account for Nearly 90% of Chinese Banking Sector Net Profits

Listed lenders continue to heavily dominate the Chinese banking sector. The "China Listed Bank...

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Paypal Founder Peter Thiel Worries Bitcoin Could Be Financial Weapon for China Despite Domestic Ban

One of America's leading tech entrepreneurs believes that China could use the Bitcoin cryptocurrency as a "financial weapon" against the US should...

Chinese Central Bank Reportedly Orders Lenders to Keep 2021 Credit Growth on Par with Last Year

The People's Bank of China (PBOC) has reportedly issued an order for leading banking sector financial institutions to scale back credit growth...

Alibaba Hit with $2.78B Anti-Trust Penalty by China’s Market Regulator

Jack Ma's Alibaba has been slapped with a massive fine by China's market regulator following the launch of an anti-trust investigation into...

Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....