Chinese banks extended 2.24 trillion yuan ($312.45 billion) in new loans in June, more than triple the amount in May and ...

China has a new central bank governor. Pan Gongsheng, who has managed the world’s largest foreign exchange reserves for seven years and was credited with arresting a slide in the value of the ...

China’s central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn.. The People’s ...

The Bank of China's investment bank subsidiary, BOCI Hong Kong, announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes on June 12th, ...

The Bank of China is one of the world’s largest banks, ranking No. 13 on the 2022 Forbes Global 2000 list of the world’s top publicly traded companies.

The central bank, the People’s Bank of China, cut short-term interest rates and rates on existing mortgages, reduced minimum down payments for housing purchases, and freed the country’s state ...

China on Sunday, March 12, reappointed Yi as head of the central bank in an effort to reassure entrepreneurs and financial markets by showing continuity at the top while other economic officials ...

Bank of American Chairman and CEO exclusively tells FOX Business that China's "big, growing" banks and economy is one of the U.S. economy's biggest threats.

The Industrial and Commercial Bank of China, the country’s biggest lender by assets, cut the five-year deposit rate to 2.5 percent from 2.65 percent and lowered the three-year rate to 2.45 ...