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Chinese loan officers are finding themselves torn between conflicting policy goals. Beijing wants the country's commercial banks to help fund infrastructure spending to support cooling growth, but isn't relaxing a campaign to cut a US$290 billion pile of bad debt. They also need to somehow remain profitable. First-half earnings show the pressure is pushing them headlong into consumer lending

OTHER NEWS

Xuất khẩu của Trung Quốc trong tháng 4/2016 đột ngột giảm 1,8% so với cùng kỳ, trái ngược với mức tăng 11,5% trong tháng 3.  

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Mao’s true heir is not Xi Jinping, but the new U.S. president.

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