China

Aggregate financing falls to RMB856.4 billion.

Increases number of G-SIBs to 29.

On back of lower RMB loans.

Here's why the grass will be greener.

“Bad bank” will begin determining demand this week.

Will raise money for businesses owned or run by women.

The first time for China Development Bank Corporation.

Banking assets also rise 20% annually.

Will open a branch at the new FTZ.

Will focus on cross-border transactions.

Around RMB 5trn expected over the next five years.

Selected by Global Finance magazine.

It’s also available through WeChat and Yixin.

JPM allegedly hiring children of powerful officials to win business deals. Media reports said US authorities are investigating the hiring practices of JP Morgan Chase in China, India, South Korea and Singapore following a probe into its activities in China where it employed children of influential officials to win lucrative business deals.

MSMEs can be energized utilizing Islamic finance.

European regulators need to open their doors, however.