Chinese banks
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BEIJING—A large crowd of angry Chinese bank depositors faced off with police Sunday, some roughed up as they were taken away, in a case that has ... -
The digitalization of physical money in China forges ahead. Two Chinese banks announced in January, they’re going cashless. Starting in April, the Beijing Zhong-Guan-Cun bank will ...
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HONG KONG—Cash-strapped developer China Evergrande Group said it held an internal meeting late on Wednesday night, in which its chairman urged company executives to ensure the ... -
BEIJING—Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation, the ... -
A new report shows that Chinese banks are linked to deforestation globally. Some say Chinese leader Xi Jinping’s recent pledge to protect the environment is an empty ...
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BEIJING/SHANGHAI—China’s largest state-owned banks are readied for rising bad debt and increased margin pressure in the months ahead as forbearance policies designed to give borrowers breathing ... -
As the novel coronavirus outbreak continues to batter China, the country’s central bank has implemented a new strategy to contain the virus—deep cleaning and destroying potentially infected cash. ...
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