China’s biggest banks are lowering the deposit rates offered to savers, a move that could pave the way for the central bank to make interest-rate cuts to spur economic growth. Five state-owned ...

Recall that in recent months, China's central bank has made a series of incremental cuts to the national reserve requirement ratio (i.e., the portion of money banks hold as reserves), followed by ...

China Merchants Bank's (CMBI) brokerage arm has attained a virtual assets license from Hong Kong, becoming the first Mainland China broker to do so, South China Morning Post (SCMP) said.