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Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented lows, a move that is expected to weigh ...
Chinese banks lowered their benchmark lending rates for the first time in seven months, in a move telegraphed by officials when they eased monetary policy to counter US tariffs.
Chinese banks stocks fell after weak first-quarter results that come as U.S.-China tensions fuel concerns about the financial sector's health. Shares of China's biggest lenders slid on Wednesday ...
Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on personal loans and have a hard time finding households in good ...
China loan issuance slid more than expected in April, as U.S. tariffs clouded the outlook before the two sides reached a surprise trade truce this week. Banks in China issued 280 billion yuan of ...
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China's major stock indexes closed lower on Thursday, with all three benchmarks retreating. The Shanghai Composite Index fell ...
China loan issuance slid more than expected in April, as U.S. tariffs clouded the outlook before the two sides reached a surprise trade truce this week. Banks in China issued 280 billion yuan ...