China

PBOC to adjust liquidity when needed

China’s economic growth facing massive downward pressures.

CCB will open in Luxembourg

Will become third Chinese bank to do so.

China orders banks to register WMPs

Tightens oversight of controversial financial product.

Small Chinese banks dumping NPLs

Liquidating NPL assets to control related risks.

China to tame shadow banking using more policy tools

A liquidity squeeze is only one of these tools.

PBOC releases first-half results

To maintain a prodent monetary policy in H2.

Uninformed Chinese seeking WMPs besiege PBOC branch

Central bank shocked by mob at Beihai branch.

PBOC expands use of RMB in cross-border loans

Allows non-financial companies to loan overseas affiliates.

BNP Paribas enters into JV with Bank of Beijing

It’s the second partnership with a Chinese bank in six months.

Why the worst may be over for China's credit crunch

Current growth rate is quite close to the floor.