Wu Xiaomeng
Stories by Wu Xiaomeng
China brings more banks, insurers under AIC fold
The move will boost equity investment in tech innovation and private enterprise development.
Citic Group picks up 60% stake in China Huarong Financial Leasing for $1.65b
China Huarong Financial Leasing is one of China’s earliest financial leasing companies.
China’s digital yuan makes progress but challenges remain for mass adoption
The central bank vowed to further expand trials of the digital currency.
China’s asset management sector regains steam to hit $20.5t in 2021
Tighter business requirements put the brakes on the once-freewheeling market.
China’s largest private bank faces wave of bad loans from property slump
Minsheng is one of the largest creditors of Evergrande Group.
