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...

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...

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...

Chinese banks to provide USD 2.3 bln to Pakistan 'within days'

Islamabad [Pakistan], June 23 (ANI): To cope up with country's dwindling cash reserves, loan of USD 2.3 billion from...

Chinese banks under scrutiny for opaque interconnectedness

Washington [US], June 22 (ANI): The resilience of the Chinese banking system has come under scrutiny in recent years...

'Pak's State Bank to hold meet with Chinese banks for trade'

Islamabad [Pakistan], June 6 (ANI): Amidst Pakistan's failure to address the financial issues concerning the CPEC...

Chinese banks to refinance Pakistan with USD 2.3 billion funding

Islamabad [Pakistan], June 2 (ANI): China on Thursday agreed to refinance Pakistan with USD 2.3 billion worth of...

Chinese banks fail to comply with FATF regulations

Beijing [China], February 11 (ANI): Notwithstanding dominance of Chinese banks in the global banking listing, they...

Potential US sanctions loom over banks with China...

London [UK], September 25 (ANI): Chinese banks and international non-US banks with connections to China could become...