In a first for the country's banks, one of China's big-four lenders taps fintech to provide a loan online. The bank says using technology will offer businesses in the agriculture sector easier access to liquidity.
Treasurers tell CT what a return to the reserve requirement on forward trading – which puts the brakes on renminbi-US dollar forwards – will mean for their operations.
In an attempt to fix naked malfeasance, the latest ticket from China’s banking regulator will keep banks on the straight and narrow. That will help higher-rated borrowers.