Hundreds of people have been arrested in China, for alleged involvement in the country’s largest ever bank fraud. China has also started repaying more victims of the $5.8 billion scandal, in a bid to …
Monthly Archives For August 2022
China to Require Approvals for Companies to Issue Offshore Debt
China is set to ask companies planning to sell offshore debt with tenors longer than 1 year to get approval from the country’s top economic planning body, bringing greater enforcement to parts of …
China invades India through crypto route
Chinese-origin crypto exchanges like Binance, KuCoin, Huobi which are notorious for breaking financial laws in many countries are freely operating within India …
These Brands Are Taking a Chance on China This Year
While brands like Off-White and Trussardi are downsizing in China and closing stores, a new cohort of brands is looking to expand in the market this year.
China shuts world’s largest electronics market as Shenzhen imposes more lockdowns
China’s southern city of Shenzhen on Monday shut down the world’s largest electronics market and suspended public transport nearby as authorities enforced neighborhood-wide lockdowns in response to a …
China pledges to lift economy with stable employment, prices in H2
China will step up measures to boost demand and stabilise employment and prices in the second half of the year to optimise economic outcomes, the country’s finance ministry said on Tuesday, as …
Homegrown Chinese Brands On the Rise As Foreign Rivals Hunker Down
Facing a more challenging economic and regulatory environment China, major global luxury and consumer brands are hunkering down for some tough times ahead.
Wuhan’s Post-pandemic Surge to Central China’s Most Important Retail Hub
More from WWD Prada Fall 2022 Repeat Show in Beijing 2022 Qixi Campaigns from Luxury and Fashion Brands A Look Inside Destree’s First … Wuhan was more famous for its status as the “Chicago of…
China to set up firewall between bankers, analysts in IPO deals -paper
China’s securities association has drafted rules to set up a firewall between investment bankers and analysts in deals to ensure unbiased pricing of initial public offerings (IPOs), the official …
Beijing’s Debts Come Due
In essence, the debts of households, local governments, real estate developers, and state firms have all increased faster than their incomes. Ultimately, that is a risky dynamic. That said, China’s …
Chinese thinktank makes rare public call for Beijing to ease zero-Covid policy
In report since taken off social media, Anbound Research Center said preventing ‘economic stall’ should take priority over virus elimination …
China Bad Debt Managers See Earnings Tank on Property Losses
China Huarong Asset Management Co. and China Cinda Asset Management Co., the nation’s two largest state-owned distressed debt funds, reported a slump in first-half earnings as credit impairments …
US climate envoy John Kerry seeks restart to emissions talks with China
Diplomat points to global scale of the crisis and the difference the two countries can make by ‘working together’ …
