Trade War Fear Fans Rush for Foreign-Currency Deposits in China
Chinese corporates and households ramped up foreign-currency deposits in January, signaling concern over potential yuan ...
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China’s Economy Is Terrifying the Middle Class. They’re Sending Savings Abroad.
During Covid—when China’s draconian restrictions kept ... fly to Spain—where she lived in her 30s—to open a bank account for her savings, which she said is about $40,000.
China January bank lending hits record high on policy stimulus
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...
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Mainland China banks to offer over-the-counter interbank bond trading from May 1, PBOC says
it can efficiently convert residents' bank savings into bond investments," the People's Bank of China (PBOC) said in a statement on Thursday. "This will enhance the investment returns for the ...
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Deutsche Bank and Postal Savings Bank of China End JV Talks, Reuters Says, Citing Sources
Talks over a joint venture in China between Deutsche Bank, its asset manager DWS and Postal Savings Bank of China have ended over disagreements over the control of the entity, Reuters reports ...
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Postal Savings Bank of China Announces 2025 EGM Schedule
all in one place with Analyst Top Stocks Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter Postal Savings Bank of China Co., Ltd. has scheduled its first ...
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China’s Economy Is Terrifying the Middle Class. They’re Sending Savings Abroad.
During Covid—when China’s draconian restrictions kept people locked in their apartments or residential compounds—the term took on a new life, meaning to “emigrate in order to flee adverse ...