Two former Bank of China executives under investigation as Goldin-linked loan fallout deepens
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Two former Bank of China Ltd. (BOC) executives are under investigation over a roughly 46 billion yuan ($6.8 billion) bad-loan exposure tied to a stalled Tianjin property project linked to Hong Kong developer Pan Sutong, Caixin has learned.
The case underscores lingering banking risks tied to China’s property boom
The case highlights concerns over hidden bad debt tied to China’s property downturn
Consortium takes over collapsed private project, underscoring Beijing’s push to deal with distressed real estate assets
Former provincial branch chief Jia Tianbing accused of bribery and embezzlement after months out of public view
Consortium takes over collapsed private project, underscoring Beijing’s push to deal with distressed real estate assets
Officials cite thousands of cases and billions of yuan as regulators seek to rein in “black and grey” financial activity online
