China now runs 4 of the world's 5 biggest banks

Four of the five largest banks in the world are Chinese, according to SNL Financial's latest global bank rankings.

China's new budget law to improve policy transmission -c.bank

BEIJING, Sept 5 (Reuters) - China's new budget law which allows regional governments to raise debt by themselves would improve the transmission mechanism of the country's monetary policy, a senior economist at the central bank said on Friday.

IMF: Worsening eurozone crisis a 'key risk' to China

The International Monetary Fund (IMF) has warned that the worsening debt crisis in the eurozone poses a "key risk" to China's growth.