Kyrgyzstan is advancing plans to launch an SCO Development Bank in 2026, backed by China as a yuan-based alternative to ...

Chinese overseas lending is currently undergoing a transition. During the decade from 2010 to 2020, Chinese policy banks – particularly the Export-Import Bank of China (Exim Bank) and the China ...

HANGZHOU, China--(BUSINESS WIRE)--CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced the execution of new lease agreements ...

The number of employees increased at five banks, fell at three, and remained the same at one. Merchants Bank and Citic Bank ...

“As a development finance institution, CDB has unique advantages in supporting the Belt and Road Initiative,” says Zheng Zhijie, CDB’s president, in Beijing. Zheng is also a senior Communist Party man ...

SHANGHAI/SINGAPORE, Aug 17 (Reuters) - China Development Bank said late Wednesday it plans to raise overseas dollar debt to increase onshore dollar liquidity after the country's central bank relaxed ...