The Industrial and Commercial Bank of China (ICBC) tried to quell recent concerns saying loan checks on companies that made overseas acquisitions were normal and routine, reported Reuters. According to Reuters, reports surfaced last week that the ICBC had told lenders to examine credit extended...
Guo Shuqing, the former head stock market regulator in China, has been appointed as chairman of the China Banking Regulatory Commission, replacing Shang Fulin, who was forced to retire after reaching the mandatory retirement age of 65. According to a report in The New York Times,...
June 26, 2017
The Industrial and Commercial Bank of China (ICBC) tried to quell recent concerns saying loan checks on companies that made overseas acquisitions were normal and routine, reported Reuters. According to Reuters, reports surfaced last week that the ICBC had told lenders to examine credit extended to highly acquisitive firms. The ICBC said the assessment did […]
February 27, 2017
Guo Shuqing, the former head stock market regulator in China, has been appointed as chairman of the China Banking Regulatory Commission, replacing Shang Fulin, who was forced to retire after...
