Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters. The planned cuts come a week after regulators encouraged smaller banks to lower the ceiling for their deposit rates. The moves will also coincide with China's reduction in banks' reserve requirements, effective on
Dividend payments by onshore Chinese companies likely to exceed 1 trillion yuan for financial year 2021 for the first time, according to S&P Global Market Intelligence.
LONDON, March 30, 2022 /PRNewswire/ As the aviation industry continues to experience fast-paced changes, so do the needs and expectations of passengers. Airports and global airlines have