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

China's central bank has injected 800 billion yuan ($110.32 billion) into its banking system during March through an outright reverse repurchase tool, the bank said on Monday. March 28, 2025 ...

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 ...

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, ...

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 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.

China has become a banking powerhouse. Four of the five largest banks in the world are Chinese, according to SNL Financial's latest global bank rankings. It's a big change from the past few years ...

Bank of America has sold its remaining stake in China Construction Bank for US$1.47 billion, marking the end of an era for Wall Street banks that invested in top Chinese banks in the last decade ...

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 ...

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.

As the global financial crisis gathered speed in late 2008, by contrast, China’s central bank cut its benchmark loan and deposit rates 1.08 percentage points in a single day.