BlackRock CCB Wealth, the joint venture between US asset manager BlackRock and an affiliate of China Construction Bank, recently saw its AUM nearly double to CNY51.3 billion (USD7.2 billion) from last ...

A dozen House Republicans bucked Trump and Speaker Mike Johnson to prevent the legislation from advancing on the floor -- ...

The adoption of new capital rules since 2024 has boosted ABC's total capital adequacy ratio and core Tier 1 ratio to 18.19% and 11.42%, respectively, in 2024. Such levels are higher than the 11.5% and ...

China’s central bank expanded its gold reserves for a seventh straight month in May, furthering its bid to diversify holdings despite ongoing price fluctuations.

With China as the second-largest economy in the world, he said, “It’s an adult economy.” Despite growing friction between Beijing and Washington, Bessent said, “There is an opportunity for ...

Why China's Xi Jinping is playing hardball with Trump on tariffs: ANALYSIS China is prepared to withstand the economic pain, according to experts.

China's central bank will not allow a significant decline of the yuan amid President Trump's tariffs. Chinese officials have called on state-owned banks to reduce U.S. dollar purchases.

ABC's consumer loans grew 28.3 percent, that of CCB rose 25.21 percent, and China Merchants Bank's consumer loan balance hit 396.16 billion yuan, up 31.38 percent year on year.

For a growing number of Western tech companies, “Anything But China” is the order of the day. In recent years, many multinationals decided they had become overreliant on suppliers in China ...

The Agricultural Bank of China’s (ABC) market risk-weighted assets (RWAs) jumped by 42.4% in the third quarter to their highest level since at least 2012. The Chinese megabank reported 260.3 billion ...