Page 18 - Chinese Banks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Chinese banks. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Chinese Banks Today - Breaking & Trending Today

Chinese banks in two key cities cut mortgage rates to boost housing sector

Cuts in Shanghai and Guangzhou, though modest, follow similar steps by dozens of smaller cities as home prices and sales weaken ....

Chinese Banks ,

Chinese banks issued record amount of new loans in January

Chinese banks typically extend a higher amount of loans at the start of the year after they get new loan quotas ....

Wall Street , Chinese Banks ,

BBCNEWS Outside Source September 29, 2021 18:52:00

Here s our asia pacific editor celia hatton on that rapid transformation. back in the 90s, china decided to start a going out strategy, and that s because china had a lot of domestic problems it needed to address. it had too much for currency because it had imbalanced trade with lots of countries overseas. it had industrial overproduction, so it had too many factories making things that weren t being used, and so it decided to invest a lot of that currency overseas in big infrastructure projects because that s what chinese companies are really good at. they re good at building railways, they re good at building ports and dams, and so this spending started to snowball. many loans are being lent by chinese banks, and in some cases, the details are being kept secret from chinese officials. critics fear that secretive loans are saddling poorer nations in sky high debt. celia has this example. ....

Asia Pacific Editor Celia Hatton , Weren T , Building Railways , Building Ports , Chinese Banks ,