{"id":460087,"date":"2018-05-17T14:11:13","date_gmt":"2018-05-17T14:11:13","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=460087"},"modified":"2018-05-17T14:11:13","modified_gmt":"2018-05-17T14:11:13","slug":"chinese-banks-dethrone-us-sisters-in-worlds-top-100","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/05\/17\/chinese-banks-dethrone-us-sisters-in-worlds-top-100\/","title":{"rendered":"Chinese banks dethrone US sisters in world&#8217;s top 100"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Communist China has dethroned the ultra-liberal USA in the world&#8217;s top 100 largest banks by assets signed S &amp; P Global Market Intelligence. China&#8217;s big banking industry, made up of state-controlled banks, occupies the top 4 places in the world.<\/p>\n<p>It is in the order of Industrial &amp; Commercial Bank of China Ltd, China Construction Bank Corp., Agricultural Bank of China Ltd. and Bank of China Ltd. These four dragons total $ 13,637 billion in assets, up $ 1,727 billion since last year. The Chinese supremacy is explained among other things by a revaluation of the Chinese currency, the Yuan, on the dollar.<\/p>\n<p>The first American, JP Morgan, comes in 6th place, ahead of another Asian, the Japanese Mistsubishi Financial Group. Then come HSBC (7th), BNP Paribas (8th) and Bank Of America (9th).<\/p>\n<p>The world&#8217;s top 10 saw another change with Cr\u00e9dit Agricole France, which ranks 10th in place of Wells Fargo &amp; Co.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Communist China has dethroned the ultra-liberal USA in the world&#8217;s top 100 largest banks by assets signed S &amp; P Global Market Intelligence. China&#8217;s big banking industry, made up of state-controlled banks, occupies the top 4 places in the world. It is in the order of Industrial &amp; Commercial Bank of China Ltd, China Construction<\/p>\n","protected":false},"author":527180,"featured_media":460091,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12000,11996],"tags":[14915,14916],"class_list":["post-460087","post","type-post","status-publish","format-aside","has-post-thumbnail","category-banks-insurance","category-finance-en","tag-chinese-banks","tag-worlds-top-100","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chinese banks dethrone US sisters in world&#039;s top 100 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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