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Shu Zhang

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

17 Nov 2017

China sets sweeping new rules to regulate $15 trillion asset management products

BEIJING China's central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country's rampantly growing shadow banking sector.

03 Nov 2017

China's Hexindai says strict credit risk practices to drive growth

BEIJING China's Hexindai Inc , which debuted on Nasdaq on Friday, said it was betting on stringent credit risk practices to help drive growth, at a time of increased regulatory scrutiny of an opaque online-lending sector at home.

30 Oct 2017

For China's top lenders, Q3 profits grow, bad loans ease

BEIJING Four of China's 'Big Five' state-owned banks reported higher quarterly profits and slower growth in bad loans, helped by a resilient economy and checks on the shadow banking sector.

29 Sep 2017

Chinese creditors find even state-backed credit protection has its limits

BEIJING Since the collapse more than two years ago of China's second-biggest loan guarantor, the state-backed Hebei Financing Investment Guarantee Group, creditors including powerful financial institutions have been trying to get billions of dollars of their money back. They have failed.

27 Sep 2017

After spate of suicides, China targets predatory student lending

DENGZHOU, China In the final hour of his life, Zheng Dexing, 21, checked into a hotel and told family and friends in a flurry of phone messages that he was about to kill himself.

18 Aug 2017

Chinese banks battle slowing loan growth, default risks loom

BEIJING/SHANGHAI Chinese banks are set to see a slowdown in lending growth in the second half of the year, having exhausted most of their annual credit quota, raising the specter of corporate defaults as financing costs climb further in the world's No.2 economy.

12 Aug 2017

Storms disrupt flights across China, authorities warn of flash floods

BEIJING Storms swept across Beijing and southeastern China on Saturday, disrupting thousands of flights and flooding towns, while authorities warned that rain and wind could cause landslides in the area where a 7.0-magnitude earthquake struck this week.

12 Aug 2017

Storms disrupt Beijing flights, authorities warn of flash flooding, landslides

BEIJING, Aug 12 Thunderstorms lashed Beijing on Saturday, disrupting hundreds of flights at one of the world's largest airports, while authorities warned that rain and wind could cause landslides in the area where a 7.0-magnitude earthquake struck this week.

07 Aug 2017

China's bank regulator lets crackdown deadline slip over stability worries: sources

BEIJING/SHANGHAI China's banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of the matter said.

20 Jul 2017

Fast and furious: Wanda restructures $9 billion deal under pressure

HONG KONG/BEIJING Dalian Wanda Group's abrupt reworking of a $9 billion property sale was messy until minutes before a high-profile announcement, as all sides scrambled to simplify payment - underscoring Beijing's concerns over creative lending and ambitious deals.

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