Topic
china-banking
2 stories related to this topic, newest first.
swissinfo.chworld22 days agoDeveloping
China’s Financial Regulator Tells Banks to Pause New Loans to Five Refiners Sanctioned by US
China’s financial regulator has told the country’s largest banks to temporarily halt new lending to five refiners recently sanctioned by the US over their ties to Iranian oil. The move, reported by people familiar with the matter, comes as Beijing navigates compliance with Americ…
thehindu.comworld22 days agoDeveloping
China Tells Banks to Pause New Loans to Five Refiners Linked to Iranian Oil
Beijing has directed its major banks to temporarily stop extending new loans to five refiners sanctioned by the United States over their links to Iranian oil. The move, reported exclusively by Bloomberg, represents a tightening of compliance with Western sanctions on energy trade…