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China Banks

As Support For China-Led Development Bank Grows, U.S. Urges Collaboration

Reuters | Posted 03.22.2015 | World

WASHINGTON, March 22 (Reuters) - President Barack Obama's administration is proposing that a new Chinese-led development bank over which Washington ha...

How China's Rural Poor Get By Without The Bank

The Atlantic | Ethan Wilkes | Posted 03.28.2013 | World

Hu Gaoyan, a farmer in Anshun village in Guangxi province, is thrilled that his daughter has found a husband. But he is also anxious about her wedding...

Looking for Laoban

Patrick Ainslie | Posted 05.13.2013 | World
Patrick Ainslie

Chinese migrant workers are a community beyond the bottom of the economic pyramid, forced to seek employment day-by-day with no guarantees. The foundation of most migrant workers' sustenance is their relationship to a laoban.

IMF Warns China To Act Quickly To Avoid Real Estate, Other Asset Bubbles

Posted 11.15.2011 | Business

China's biggest commercial banks face systemic risks if a combination of credit, property, currency and yield curve shocks that could be withstood...

China Takes Another Step To Curb Bank Lending

AP | JOE McDONALD | Posted 05.25.2011 | Business

BEIJING — China ordered its banks to increase their reserves in a move to curb surging lending as financial markets watched for a widely anticip...

China Readies Biggest IPO In History

AP | CARLO PIOVANO | Posted 05.25.2011 | Business

TOKYO — Asian stock markets were mixed in early trading Thursday as investors fretted over Europe's debt crisis and whether the Gulf of Mexico o...