US to impose sanctions on Chinese banks for assisting Russia

The US is considering imposing sanctions on Chinese financial institutions, which are believed to be supporting...

China spent over USD 5.5 mn at Trump's properties

A Securities and Exchange Commission filing from 2012 shows that the Chinese bank's base rent paid was $1.9 million...

Pakistan seeks USD600mn from China amid IMF bailout negotiatio

The Pakistani government is actively engaged in discussions with the Industrial and Commercial Bank of China (ICBC)...

Bolivia gets closer to China, but trading in Yuan 'doubtful'

"Bolivia does not have the conditions for a change from the dollar to the yuan currently because all the income from...

Chinese bank to refinance USD 500 million loan for Pakistan

The Pakistani authorities are running from pillar to post to get 100 per cent confirmation from friendly donor...

China approves USD 1.3 billion rollover for cash-strapped Pak

Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, " Formalities completed [and] Chinese Bank, ICBC...

China fines Kenya Sh1.31 billion for defaulting on railway loans

Nairobi [Kenya], October 15 (ANI): Chinese banks have fined Kenya 1.312 billion Kenyan shillings in the year ended...

Chinese banks might lose over USD 300 billion

Beijing [China], August 2 (ANI): Chinese banks might lose over USD 300 billion as the country continues to grapple...

China's economy at risk with banks witnessing rise in NPAs

Beijing [China], July 27 (ANI): Chinese bank depositors, who are protesting against their inability in getting their...

China's Henan crisis: Banks unable to keep their promises

Beijing [China], July 19 (ANI): Despite promises that depositors in China's Henan villages will get their frozen...

China scrambles to defuse anger over frozen bank accounts

Hong Kong, July 18 (ANI): To address rising public anger over frozen deposits at some rural banks in the country,...

Depositors are panicking as China's small banks in trouble

Beijing [China], July 3 (ANI): Small banks in China are running into trouble as they are accused of crimes, bad...