China’s Policy Banks Miss Deadline to File Last Year’s Annual Reports

What’s new: China’s three policy banks, the China Development Bank (CDB), the Agricultural Development Bank of China (ADBC) and the Export-Import Bank of China, have all missed Friday’s Ministry of Finance deadline (link in Chinese) to file their 2020 annual reports.

Another policy financial institution, China Export & Credit Insurance Corp., also known as Sinosure, missed the deadline as well.