China’s central bank explores stablecoins for cross-border payments despite crypto ban. This follows US moves to regulate and promote dollar-backed stablecoins.

Bank of China has stable funding. The company's deposits represent nearly 77% of total liabilities, about 40% of which are kept as low-cost demand deposits. Both ratios remained relatively steady over ...

The adoption of new capital rules since 2024 has boosted ABC's total capital adequacy ratio and core Tier 1 ratio to 18.19% and 11.42%, respectively, in 2024. Such levels are higher than the 11.5% and ...

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told ...

[Cai Meng/China Daily] In 2022, China's economy can retain its fundamentals of long-term growth and strong resilience. Yet, it will come under downward pressure at home, compounded by growing external ...

Driving Economic Momentum, Leading Trends with Mega Events HONG KONG SAR - Media OutReach Newswire - 21 June 2025 - The "Wealth Management Expo 2025", powered by Bank of China (Hong Kong) ("BOCHK") ...

In a first for the continent, Standard Bank Corporate and Investment Banking is the first authorised bank to offer transactions through China’s Cross-Border Interbank Payment System (CIPS).

D uring the four years that Donald Trump occupied the White House, the state-owned Industrial and Commercial Bank of China paid him an estimated $7 million to rent space in Trump Tower.

China is widely expected to keep its benchmark lending rates unchanged at a monthly fixing on Friday, a Reuters survey showed, after Beijing rolled out sweeping monetary easing measures a month ...

Banking giant Goldman Sachs is reportedly turning bullish on ten China-based companies. Goldman Sachs says in a note to investors that the “Prominent 10” companies in China may be the country’s answer ...

At the opening ceremony of the 2025 Lujiazui Forum held in Shanghai on Wednesday, People's Bank of China (PBC) Governor Pan Gongsheng announced eight significant measures to further open China's ...

At the opening ceremony of the 2025 Lujiazui Forum held in Shanghai on Wednesday, People's Bank of China (PBC) Governor Pan Gongsheng announced eight significant measures to further open China's ...