China

Chinese banks' bad loans rocket to eight year high

Fuels fears of excessive and massive debt.

Minsheng Bank to launch new bankcards

Bankcards could offer annual yields of 5%.

China imposes stricter LGFV issuance rules

Issues new criteria for denying filings.

China keeps chokehold on shadow banking

Aggregate financing falls to RMB856.4 billion.

China Cinda to list in Hong Kong

“Bad bank” will begin determining demand this week.

World Bank issues world’s first “women’s bonds”

Will raise money for businesses owned or run by women.

CDB launches offshore renminbi debt issuance

The first time for China Development Bank Corporation.

Peer-to-peer lending growing 20% in China

Banking assets also rise 20% annually.

Why 2013 is just the beginning of NPL waves for China banks

Around RMB 5trn expected over the next five years.