Ding Feng

2 days ago | caixinglobal.com | Zhu Liangtao |Ding Feng |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Citigroup is to slash 3,500 technology jobs in China, a sweeping move that has drawn renewed attention to the retreat of foreign financial institutions from the world’s second-largest economy. In a statement released Thursday, the American investment bank said it would streamline its global technology solutions centers in Shanghai and Dalian, cutting staff before the fourth quarter of 2025.

6 days ago | caixinglobal.com | Ding Feng |Zhang Yuzhe |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x In the spring of 2019, a quiet but historic event shook China’s banking sector: Baoshang Bank collapsed. It was the first true bank failure in the country since the founding of the People’s Republic, and the first real test of a deposit insurance system created four years earlier. That test would define the future of financial risk management in China.

3 weeks ago | caixinglobal.com | Qing Na |Ding Feng |Wang Shiyu |Wu Xiaomeng

Explore the story in 3 minutesThe Chinese government has intensified its support for exporters through two expanded trade credit insurance programs to counter increasing uncertainties in the country’s export sector, primarily amid the ongoing tariff war with the United States.

1 month ago | caixinglobal.com | Ding Feng |Liu Ran |Denise Jia

Explore the story in 3 minutesChina's personal lending market is facing severe distress as of 2025, with branch managers of major state-owned banks actively pursuing clients to pay at least the interest on their loans to prevent defaults. The pressures have intensified from concerns in early 2024 into a crisis involving housing mortgages, consumer credit, credit card debt, and small business loans—all experiencing delinquency rates unseen since the 2008 financial crisis.

1 month ago | caixinglobal.com | Ding Feng |Liu Ran |Denise Jia

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Every month, as interest payment deadlines approach, the branch manager of a major state-owned bank in eastern China braces himself.