Major Chinese banks reported mixed results, with overall revenue and net profit declining, and significant variation in performance. Non-performing loan ratios in the real estate sector remained high, impacting personal and business lending. Despite revenue drops, some banks showed net profit growth by cutting costs and relying on non-interest income, particularly from bond market investments.

Highlights of the past weeks include: Hunter Biden-connected China fund firm chairman resigns, and former CMB executive vice president caught up in corruption probe

Zhang Shouchuan’s move marks the latest development in an ongoing leadership reshuffle at the world’s largest lender

Rebates paid to new home-loan borrowers double to the highest in more than 17 years as banks try to jump-start a subdued market

Liu Liange was removed as BOC’s Communist Party chief in February and relinquished his position of chairman earlier this month

Moves affect top executives of People’s Insurance Co. and Bank of China as they both near retirement age

One of China’s largest lenders says its net income jumped 12.3% to $34 billion in 2021

Proceeds will back nine types of sustainable projects as the city seeks to expand its role as a hub for sustainable finance

Experiment involving central banks and financial institutions from China, the UAE, Hong Kong and Thailand completed $312 million of cross-border transactions

The latest link will broaden the types of investments available to mainlanders, complementing the ‘northbound’ leg that was launched four years ago

China’s central bank pledged to incorporate climate change risks into its macroprudential policy framework. Regulators are pondering a carbon futures market

China-EU high-level climate talks; State Council’s pollution permit system; and the plan for peak carbon emissions

China's President Xi declares 'total victory' in the country's fight against absolute poverty. Geely and Volvo call off their merger plan

Bank of China taps president of Everbright Bank to lead

Six state-owned utilities and infrastructure companies gear up to fund green projects as China pursues goal of slashing greenhouse gas emissions

The tide is turning for internet giants as the government rolls out new rules to curb unfair competition in the platform economy

Wang Jiang, 57, will occupy a position that has been vacant for two months

In model ruling, Nanjing court orders BOC to return 20% of investors’ principal and shoulder other losses related to $1.4 billion debacle

Move fills position that was vacant for months; Wang Zhiheng is set to succeed Sun as president of BOC’s Beijing branch