Beijing shuttered 670 mainly rural banks last year in a bid to create fewer, larger and better-capitalized lenders.

Plus, the U.S. accuses Chinese AI firms of exploiting American models and designates an American scholar held by China as wrongfully detained.

BEIJING - A massive financial storm is quietly brewing across China, threatening to disrupt millions of ordinary lives. China faces an estimated US$3 trillion ...

A congressional commission warned the economic fallout could be on a par with the 2008 Great Recession.

There has been no shortage of complaints about Chinese overcapacity in recent years. Beijing’s commitment to driving exports and widening its trade surplus, by any means necessary, has undermined the ...

EXPLAINED. China’s debt problem. China’s debt has risen dramatically in the past decade, largely the result of credit fed to state-owned enterprises in the wake of the global ...

China's economy lost momentum in July, with weak retail sales, declining investment and a deepening property market downturn weighing on domestic demand. Strong exports are increasingly supporting ...

China's bank consolidation faces challenges from falling profits and shrinking capital buffers Small banks struggle with bad debts and liquidity crisis in property sector Moral hazard emerges as weak ...