China
Is China building an alternative monetary system for the RMB?
Is China building an alternative monetary system for the RMB?
China is skipping the dollar playbook in its push to make the renminbi an international currency.
2 days ago
China names Deutsche Bank as RMB clearing bank for Europe
The bank is the first foreign bank in Europe to receive the designation, it said.
3 days ago
China CITIC Bank International names Wang chief executive
Shen Qiang will retain a board seat as a non-executive director.
Chinese banks risk sharper lending yield swings: S&P
Commercial lenders may need tighter internal models to contain interest rate exposure.
Chinese mid-sized banks clean up risks but domestic demand stays weak
Lenders are showing a declining shadow banking exposure and better transparency.
Chinese bank loan growth to stay sluggish as retail confidence falters
Loan growth has slowed to between 3.8% to 8.8%, said Morningstar.
Chinese banks ramp up overseas investments as low domestic rates bite
The RMB’s share of global trade finance surged to 8.5% in early 2026.
Alipay links AI agent to 30 million Tap! devices
Merchant can talk to “Xiaoyu” and receive an analysis of their operations.
China bank assets grow 8% in Q1 despite rise in bad loans
Assets of large commercial banks grew faster than that of join-stock commercial banks.
China investment banking fees rise even as M&A deals crater 60%
Targeted M&A activity was led by China, with $54b in deals in Q1 2026.
Chinese banks mask capital weakness with government injections
One-off government support does not address banks’ lower profitability and asset quality issues.
Alipay debuts AI agent interface “Ah Bao” in China
Users only need to speak to Ah Bao, pick a service listed, and pay for it without switching apps or pages.
Chinese banks pivot to state and green loans as consumer lending slows
Government exposure made up 16% of banks’ total assets as of April 2026.
UOB appoints Adaline Zheng as China CEO
South Korea country manager George Tung will take over as Hong Kong branch CEO.
TenPay Global lets foreigners send remittances to China via WeChat
TenPay’s cross-border remittance platform has over 60 partners globally.
Standard Chartered completes first QFI China gov’t bond futures trade
It is the only foreign bank amongst the initial six banks allowed to participate in CGB futures.
China new yuan loans shrink $1.47b in April as credit demand stalls
Loans remained concentrated on policy-supported sectors, according to Fitch Ratings.
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