Focus
china banks
Multiple Financial Executives Commit Suicide Amid China’s Financial Crisis
In 2023, at least 96 Chinese financial executive have fallen from grace, and 38 people have been investigated in the five major state-owned banks.
Beijing Nationalizes Third Bank in Three Months
A crisis of confidence has gripped China’s regional lenders, as Beijing moved to nationalize its third major financial institution since May.
Global Markets Feeling Effects of China’s Financial Crackdown
China’s new emphasis to rein in its financial sector has been underway for more than three months. Its effects are already being felt in the financial markets, impacting short-term borrowing rates and the global commodities market.
China’s One Belt, One Road is a Gamble for Banks
Whether China’s ambitious One Belt, One Road project can succeed will have huge ramifications within the Chinese banking system and economic well-beings of several regions.
China’s Pension Reform Diverts More Money into Risky Assets
To boost returns and support a growing population of aging pensioners, China is embarking on a plan to centralize management of pension funds and divert more money into riskier asset classes.
