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.