China’s banking regulator has urged lenders to extend more credit to real estate developers, as a growing number of homebuyers withhold mortgage payments on unfinished housing...
Chinese regulators have promised to repay more victims of one of the country’s biggest-ever banking scandals, after hundreds of thousands of customers were left without access...
Alibaba shares sank on Friday after a report said the tech giant’s executives had been called in for meetings with Chinese officials over the theft of...
China’s economy grew just 0.4 percent in the second quarter, a two-year low, official data showed Friday, with Covid lockdowns and an embattled property market nudging...
Chinese homebuyers in dozens of cities have stopped making mortgage payments for unfinished projects, according to data from industry groups, worsening fears of financial contagion in...
China’s economic expansion slumped in the second quarter to levels not seen since early 2020, an AFP poll of analysts found, owing to painful Covid lockdowns...
Customers of rural Chinese banks whose withdrawals have been frozen will begin to get some of their money back Friday, regulators said, after depositors clashed with...
Members of a “criminal gang” accused of taking control of local banks have been arrested in central China after rare protests over alleged financial corruption sparked...
Members of a “criminal gang” accused of taking control of local banks have been arrested in central China after rare protests over alleged financial corruption sparked...
Macau casino shares plunged on Monday as the Chinese city embarked on a week-long lockdown to curb its worst coronavirus outbreak while neighbouring Hong Kong said...