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Chinese Yuan Bounces Back as State Banks Sell Dollars to Provide Support

China’s yuan rebounded from a near six-month low against the dollar on Friday, as some major state-owned banks sold the US currency to prevent...

Chinese Banks Lead S&P Regional Market Cap Table Despite Global Banking Turmoil

Chinese lenders largely shrugged off the recent banking crisis in developed markets, gaining in value to take the top five spots in a league...

Chinese Authorities Investigate Finance Industry Corruption to Minimize Risk

China’s financial regulators and state-dominated financial industry are facing a new round of party discipline, which will have major implications on the income prospects...

Chinese Traders Borrow Trillions to Boost Bond Market Returns

China’s local traders are borrowing a record amount of short-term cash, in a sign they are leveraging up returns in a stable bond market. Turnover...

Chinese economic recovery foundation not strong enough, warns party official

The foundation of China’s economic recovery is not solid enough, a senior Communist Party official said on Saturday, warning of possible spillover effects from...

Chinese officials detain staff of US due diligence firm following raid

Chinese authorities have raided the Beijing office of US-headquartered due diligence firm Mintz Group and detained five staff. “We can confirm that Chinese authorities have...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: chinese