People's Bank of China Archives - CFO

Alibaba’s Ant Group to Become a Financial Holding Company

Risk & Compliance

Alibaba’s Ant Group to Become a Financial Holding Company

The development comes after regulators imposed a $2.8-billion fine on Alibaba for violating anti-monopoly law.

By Lauren Muskett | April 12, 2021

Gee, 20: No New Currency Deal, China Devalues Yuan

Risk Management

Gee, 20: No New Currency Deal, China Devalues Yuan

China's move, just two days after saying it would not devalue its currency, is unfortunately business as usual.

By Wolfgang Koester | March 4, 2016

How China’s Cash Injections Add Up to Quantitative Squeezing

Global Business

How China’s Cash Injections Add Up to Quantitative Squeezing

The latest on China's economy.

By Economist Staff | September 8, 2015

China’s Banks Post Weak Half-Year Earnings

Global Business

China’s Banks Post Weak Half-Year Earnings

Amid China's slowing economy, the country's largest banks are suffering from bad loans and tightening margins.

By Katie Kuehner-Hebert | August 28, 2015

China’s Central Bank Devalues Yuan

Corporate Finance

China’s Central Bank Devalues Yuan

China's foreign-exchange reserves slid $300 billion over the last four quarters.

By Katie Kuehner-Hebert | August 11, 2015

Will China Let More Corporate Bond Issuers Default?

Will China Let More Corporate Bond Issuers Default?

Overcapacity and depressed prices threaten many of the country's corporate borrowers, who have gorged on debt for six years.

By Vincent Ryan | March 18, 2014