China

Chinese banks demand tougher regulation of non-financial institutions

Ask government to draft rules to head off higher risk.

RMB now ranks 13th in the world payments currency list

It has already overtaken the Russian Rouble.

China gets tougher on shadow banking

New rules intend to slow explosive growth of the gray market.

Agricultural Bank of China reports record growth in loans to SMEs

Big Four bank said loans hit US$96 billion in 2012.

China to expand asset-backed securities businesses

Will lower threshold to allow securities companies to do this.

IFC unveils new financial instrument for RMB internationalization

Find out what IFC's Global Discount Note Program is about.

Banks take the lead expanding China, Gulf States ties

Biggest banks in China and the United Arab Emirates key to building closer financial ties.

China and England agree to a reciprocal 3-year RMB currency swap arrangement

The arrangement will be used to finance direct investment between the UK and China.

Bank lending to local government financing vehicles curbed

China urges local governments to abide by the rules to avert more bad loans.

ICBC's profit surged 69% to US$54m in Dubai

Thanks to stronger trade between China and Dubai.

Zhou to stay on as central bank boss

Media reports are swirling that Zhou Xiaochuan will keep his job.