China Securities Regulatory Commission (CSRC) and the Ministry of Finance signed an audit oversight cooperation agreement with the U.S. Public Company Accounting Oversight Board (PCAOB) on Friday.
Monthly Archives For August 2022
As US-China rivalry intensifies, Beijing must deploy more than economic muscle in Asia
Countries that economically or militarily depend on both powers are in increasingly difficult positions China can better pursue its interests with these countries by increasing face-to-face …
Beijing on edge as neighbouring Shijiazhuang sees new COVID outbreak
China is facing a new wave of COVID-19 outbreak in Shijiazhuang a city 290 kilometres from Beijing laying increasing pressure on the capital which has been fa …
Tech investors prepare Newport Wafer Fab rescue bid if China deal blocked
Business Secretary poised to decide on factory’s takeover by September 5 British chip executives are preparing a rescue bid for Newport Wafer Fab if its takeover by a Chinese-owned company is blocked …
Economic Watch: China’s robust business registration indicative of resilient economy
China saw a stable increase in business registration in the first half of this year, which indicates a resilient and vibrant economy despite multiple challenges. The number of registered market …
EDITORIAL: Fallout from China’s power problems
The fallout from power rationing in China is likely to undermine its economy and businesses operating there, just as the COVID-19 situation appears to be stabilizing. The forced cuts to factory …
Chinese businesses make headway in Afghanistan despite Beijing’s cautious approach to Taliban
China’s economic influence in Afghanistan is expanding and it now ranks as the country’s third-largest trading partner after Pakistan and Iran.
Wuhan Three Towns smash Shenzhen to extend unbeaten run in CSL
Wuhan Three Towns extended their unbeaten run in the Chinese Super League (CSL) to 15 games following a resounding 5-1 win over Shenzhen on Sunday. Marcao’s goal in the fifth minute led Wuhan to take…
Real World Economics: Is there a masterplan to China’s U.S. treasury bond sales?
China is slowly selling down its holdings of U.S. Treasury securities. These fell from $1.081 trillion as recently as last November to $968 billion in June. That is a fall of 11.6 percent. This …
China’s robust business registration indicative of resilient economy
China saw a stable increase in business registration in the first half of this year, which indicates a resilient and vibrant economy despite multiple challenges. The number of registered market …
Int’l financial institutions bullish on Chinese market
PFG’s footprint in China gives a glimpse into the thriving development of international financial institutions in the country. To attract foreign investors, China scrapped foreign ownership caps for …
China’s software sector sees robust revenue growth from January-July
An internet anchor with disabilities promotes products via online live-streaming in Xi’an, northwest China’s Shaanxi Province, May 12, 2022. (Xinhua/Li Yibo) BEIJING, Aug. 28 (Xinhua) — China’s …
Point of no return: crunch time as China tries to fend off property crash
With the global economy also at a crossroads, it is not just Beijing’s leadership that is in peril, say experts …
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