The aggregate net profit of China’s commercial banks in the first half of 2018 increased by 6.37% year-on-year to 1 trillion 30 billion yuan, the National Committee for Control and Management of Banking and Insurance Activities said. As of June 30, the volume of assets of banks increased by 7% in annual terms and amounted to 260 trillion yuan. The share of bad loans increased to 1.86% from 1.74% in the previous quarter. The balance of debts on “bad” loans provided by banks increased to 1 trillion 960 billion yuan.
The growth rate of house prices in the four largest cities in China slowed in July17.04.2019
OECD calculated US, Chinese and global trade losses from high duties27.02.2019
Foreign companies point to improved intellectual property protection in China31.01.2019
NASDAQ subsidiary buys Oslo Stock Exchange