China

BEA marks 40 years in Shenzhen with new Futian flagship

The new branch offers banking and wealth management services.
5 days ago

Mainland tourists drive WeChat’s growth during National Day

Cross-border transactions in Weixin Pay increased by 21% year-on-year

Chinese banks lift bond holdings amidst weak credit demand

Total bond investments hit a 13.5% growth rate for 2021-2025.

Chinese banks’ interest margins to compress up to 18 basis points in 2025

State-owned banks’ fee income growth is likely to be steady through 2029.

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

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

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.