Chinese banks rushed to meet their annual state-imposed lending quotas last month by buying up low-risk financial instruments rather than issuing loans, a surge that bankers and analysts said reflected financial institutions’ wariness about the country’s slowing economy. The rise in demand for banker’s acceptances, which are guaranteed by their […]
Chinese
Text size Stocks have sold off in recent weeks amid investor worries over inflation and growth. Ed Jones/AFP via Getty Images The stock market was mostly lower Monday, as investors digested a rally to close out last week. Markets are awaiting economic data out Tuesday. The Dow Jones Industrial Average […]
Chinese stocks crashed in recent days, only to rebound with unprecedented force. To some investors, the recovery was nearly as worrying as the selloff. The turbulence follows a year-long slide that had already caused widespread investor losses. Trillions of dollars in market value across American depositary receipts, Hong Kong shares […]