The U.S. House of Representatives Select Committee on China said on Thursday it sent subpoenas addressed to JPMorgan Chase ...

China’s central bank dropped a bomb of cash on Friday. The People’s Bank of China (PBOC) pushed 601.8 billion yuan, about $84 ...

China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time, the latest in a series of steps to fully liberalise interest rates and allow banks to ...

China's central bank has asked commercial banks for feedback on draft rules for a long-awaited deposit insurance system, three industry sources said on Friday, amid a debate on whether the country ...

The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing. Share full article. 25.

China’s biggest lender, the Industrial and Commercial Bank of China, has paid a ransom to cybercriminals who hacked the bank last week, a representative of the Lockbit ransomware gang said ...

Fears that Evergrande’s debt woes are spreading into the wider financial industry have sparked a run on a regional bank in northern China, multiple state media outlets have reported.

Rate reductions were timid to say the least. The Bank cut 20 basis points (hundredths of a percentage point) off the rate on 1-year medium term policy loans, bringing the rate down from 2.5% to 2.3%.

China’s Central Bank Vows Liquidity for Debt-Laden Regions. Pan Gongsheng says debt levels are at a mid- to low level; China trying to defuse risks from hidden local government debt ...