For China’s banks, growth is easier than reducing debt and bad loans.
Last year, ICBC consolidated several asset management operations to create ICBC Asset Management (Global). Bing Li, who leads product development for the new entity, and Harrison Li, who leads global asset management for ICBC, talk about the new entity and its role in supporting the wider ambitions of the bank—and of China itself.
India's middle class is rising but many of its people are left behind.
Australia cracks down on modern slavery.
Asia's economic star is rising fast.
Indian public banks in retreat at home and abroad.
Pakistan's new prime minister faces high debt and a currency crisis.
Diplomatic breakthrough on disputed sea and energy issues.
Global Finance's editor Andrea Fiano explains what is at stake with China's ambitious, transnational infrastructure plan.
Abenomics has hit the Japanese banking sector hard and now the Post Bank is taking an unprecedented step in the hunt for yields.
China may soon have to tap foreign investors to help fund its ambitious Belt and Road Initiative. Can it ease their skepticism about the project?