China imposes new rules on policy banks to curb risks
The new rules come as Beijing copes with ballooning debt that some analysts say threatens the stability of the Chinese economy.
Nov 16, 2017, 12:20 PM IST
China approves five new private banks: total goes up to 16
China's banking regulator on Tuesday gave approval to five new private banks aimed to boost financial support for smaller firms, bringing the total number of private lenders in the world's second largest economy to 16.
Dec 27, 2016, 20:45 PM IST