(Reuters Breakingviews) - China is gradually clarifying its bank bailout message...
People walk past a branch of Industrial and Commercial Bank of China in Beijing, China April 1, 2019. Picture taken April 1, 2019. REUTERS/Florence Lo
The country’s state-backed financiers pounced into Bank of Jinzhou over the weekend, following reports last week that central bank officials and other regulators met with financial institutions in Liaoning province, where the lender is based. It has been in the spotlight since trading of its shares on the Hong Kong stock exchange was suspended in April, after the bank said publication of last year’s annual results would be delayed.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Close Is China To A Financial Crisis?China haters have been waiting for a financial crisis out of China since at least the early 2000s. Some bad news...
Read more »
China Retreats GloballyChina has pulled back on its overseas investments. It will not likely return to its former free-spending ways any time soon.
Read more »
China June rare earth magnet exports to U.S. fall 3.9% from MayChina's exports of rare earth magnets to the United States fell 3.9% in Jun...
Read more »
China rejects U.S. lawmaker's comments on HK protests, human rightsChina said it strongly opposes what it calls 'erroneous' claims made b...
Read more »
Gareth Bale's £1 million-a-week move to China has collapsedThe Welsh footballer is looking for a new club after falling out of favor of Real Madrid manager, Zinidene Zidane.
Read more »