China

Chinese state banks’ loan growth slows as policy loans lose steam

Growth in policy loans fell below 15% in June 2025, noted by Morningstar.
5 hours ago

Visa appoints Elaine Chang as group general manager in greater China

Chang previously served as president of Amazon China.

SPD Bank Shanghai, XTransfer team up to help Chinese SMEs expand overseas

They aim to provide “safer, more efficient, more convenient” global collection and cash management services.

China’s interest subsidies unlikely to boost credit demand: BofA

Loan growth for household loans and corporate loans were lower in August than a year earlier.

Alipay Tap! crosses 200 million users

It lets users pay by tapping their unlocked phone on a payment terminal.

CZBank Shanghai, XTransfer ink agreement for cross-border finance

The two will jointly offer cash management services to Chinese foreign trade enterprises.

China and Azerbaijan’s central banks ink cooperation MOU

They aim to strengthen bilateral financial cooperation, amongst others.

China Merchant Bank profit rebounds in Q2 on lower costs

Net profit grew 2.7% in Q2 from a 2.1% decline in Q1.

Chongqing Rural Commercial Bank’s profitability likely to be stable through 2026

The bank still faces high asset risk, although it has built up strong buffers.

Agricultural Bank of China may receive capital support in 2026

It is also expected to attract higher quality clients from smaller banks, says S&P.

APAC banks keep strong footing as equity prices hit record highs

Optimism persists despite several risks to credit conditions remaining elevated, said S&P.

Ping An Bank past the worst point for net profit growth: analysts

Net profit decline in Q2 was narrower than recorded in Q1.

China’s credit and charge payments market to grow by 2.4% in 2025: GlobalData

Payment frequency for these cards stood at 55.3 times in 2025.

Ant, RayNeo to bring AR glasses payments cross-border with Alipay+

They plan to enable the use of AR glasses for in-store payments.

Chinese banks to see only mild impact from tax on bond interest income

The policy is also likely to increase the financing cost of banks for issuing new bonds.