Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings ... bank, the People’s Bank of China, to launch ...

the People's Bank of China (PBOC). Spurred by China's rigid COVID-19 containment strategy, which the government rolled back in December, household savings surged by CN¥17.8 trillion in 2022 ...

China’s high national savings rate—one of the highest in the world—is at the heart of its external/internal imbalances. High savings finance elevated investment when held domestically, or lead to ...

Postal Savings Bank of China Co., Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China.

and Postal Savings Bank of China will raise up to 130 billion yuan. China’s Finance Ministry, a major shareholder of the four banks, will be involved in all four capital raises, the filings showed.

BEIJING (Reuters) - China's central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of its deflationary funk and back towards the government's growth ...

China's once free-spending ... Tuesday report from US investment bank TD Cowen. Nearly half of 2,000 Chinese consumers in a recent TD Cowen survey said their savings were higher and that they ...

The four banks -- China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China -- all opened higher on mainland exchanges. The stocks temporarily wobbled ...

Fresh trouble is brewing for China's banks. The state is injecting 520 billion yuan ($72 billion) of capital into four big lenders, hoping to spark consumer-driven economic growth. But doing ...