The second day of Huawei executive Meng Wanzhou’s high-stakes extradition hearing got under way in Vancouver on Tuesday, with her lawyer coming under intense questioning from the judge over... Read more
China’s troubled Baoshang Bank will be taken over by local governments and a group of state firms as Beijing looks to shore up some of the country’s weakest lenders, reported Reuters. Financ... Read more
China’s northwest Qinghai region has come bottom of the league of 31 provincial-level governments ranked by one of the country’s major credit ratings agencies for the fifth year in a row as... Read more
Ant Financial is finally getting its long awaited initial public offering off the ground with bankers preparing the fintech behemoth for a dual listing in mainland C... Read more
China Minsheng Bank took a 2.65% stake in debt-ridden Kangde Xin Composite Material Group through an investment vehicle in hopes of recouping some losses from its bond holdings in... Read more
