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Shu Zhang

A call to the boss: Indonesia contends with aggressive Chinese online lenders

21 Sep 2018

JAKARTA/BEIJING Indonesian authorities have generally opened their arms to fintech companies offering online loans in Southeast Asia's biggest economy, viewing them as a way of getting credit to tens of millions of people often unable to access bank lending.

How China's plan to develop rental housing backfired

14 Sep 2018

BEIJING/HANGZHOU, China When President Xi Jinping of China vowed to increase the supply of rental housing last year, millions of young Chinese expected to find homes they would finally be able to afford.

China's top bank ICBC flags trade war risks as profits rise

30 Aug 2018

SHANGHAI/BEIJING Industrial and Commercial Bank of China , the world's largest commercial bank, joined its peers in reporting higher first-half profit and a steady bad loan ratio, but flagged trade tensions as a risk to economy.

CORRECTED-UPDATE 2-China's top bank ICBC flags trade war risks as profits rise

30 Aug 2018

* Chairman says trade tension bringing uncertainty to economy

Trade tensions cast shadow even as China's big banks bag more profits

29 Aug 2018

BEIJING Agricultural Bank of China (AgBank) , the country's third-largest lender, expects its asset quality to stabilise in the second half, but said it had increased provisions as trade tensions threaten the global economy.

UPDATE 3-Three of China's Big Four banks post higher profits, bad loans steady

28 Aug 2018

* Non-performing loan ratios hold steady (Recasts, adds CCB results)

Beijing struggles to defuse anger over China's P2P lending crisis

13 Aug 2018

BEIJING Peter Wang was asleep at his home in Beijing last Monday when police officers arrived before dawn to detain him, saying he had helped organize a protest planned for later that day. | Video

China's regional banks hit by economic slowdown, bad loans soar

24 Jul 2018

BEIJING Small banks in Chinese provinces affected by Beijing's efforts to slash excess industrial capacity and reduce pollution are being hit by a spate of non-performing loans, according to reports from Chinese credit rating agencies.

As trade war looms, China cuts some banks' reserve requirements to boost lending

24 Jun 2018

BEIJING China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms.

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