China

Local bond market’s problems heighten Chinese banks' credit risks

The bond market’s repayment woes may force banks to make concessions for the sake of financial stability.

Chinese banks warned against rising bad debt as measures subside

CBIRC also warned against emerging local real estate bubbles.

China orders banks, insurers to draft 'living wills': report

This is to ensure that troubled financial institutions won't end up needing costly bailouts.

China’s Huarong likely to receive extraordinary government support: S&P

This also bodes well for its overseas bond issuer Huarong International.

India, Philippines banks in trouble amidst renewed infection surge

Emerging banks in Asia continue to be in a tough operating environment, says Fitch.