China

Shadow banking now 40% of China’s GDP

Its the fastest-growing segment in China’s financial sector.

China allows foreign investors to use RMB in financial sectors

Part of effort to broaden RMB use in cross-border investments.

China to allow individuals to establish rural commercial banks

Comes as China eases control over private capital in banking.

Chinese banks' fee income predicted to surge 25%

But here's why it may not be too impressive.

HSBC Global Asset Management gets RQFII quota

Will invest it in the fixed income securities on the mainland.

Chinese Supreme Court urges careful handling of shadow banking cases

This will promote healthy development of private investment.

Kazakhstan and China sign banking agreement

Will strengthen cooperation in banking regulation.

DBS Bank will open sub-branch at Shanghai FTZ

China Banking Regulatory Commission gives approval.