China’s foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack down on fake forex transactions in authorities’ latest effort to stabilise the …
Monthly Archives For September 2022
China’s Sept factory activity contracts more sharply as demand slumps – Caixin PMI
China’s factory activity contracted at a sharper pace in September as strict COVID lockdowns disrupted production and dampened sales, a private sector survey showed on Friday.Weakening global demand …
China’s Sept Factory Activity Unexpectedly Expands – Official PMI
China’s factory activity unexpectedly expanded in September, an official survey showed on Friday, even as authorities imposed strict COVID-19 curbs in big cities and export growth softened. It …
EV maker, Vanke’s unit slump in HK debut amid rough IPO market
An electric vehicle (EV) maker and a unit of China’s real estate developer China Vanke Co plunged in their trading debuts in Hong Kong, following initial public offerings (IPO) that together raised …
Fish fossils found in China include the oldest teeth ever discovered, never-before-seen species
Four studies published Wednesday shed light on a trove of fish fossils found in China that could rewrite our understanding of early evolution.
SEC hits Deloitte’s China affiliate with $20M penalty
On Thursday, the financial watchdog charged that, over the course of several years, Deloitte’s China employees allowed clients to choose their own samples for audits and prepare documents, creating …
China’s Latest Mortgage-Relief Seen Benefiting Over 20 Cities
China’s central government is allowing nearly two dozen cities to lower mortgage rates for purchases of primary residences, in a move analysts said was likely to provide only limited help for the …
‘Anti-American’: Microsoft faces US scrutiny as it nears 10,000 employees in China
US lawmakers from both parties have become increasingly wary of American tech firms doing business in China. “Any company that expands its business operations in China is either naïve to the …
Lincoln gets new China president
Ford Motor Co. on Tuesday appointed Zhu Meijun president of the company’s Lincoln brand in China. Zhu was previously Lincoln’s executive vice president for China. She has worked for the Ford and …
The Tech Site That Took On China’s Surveillance State
How did a trade publisher in Pennsylvania become a principal source of investigative journalism on the repressive apparatus Beijing uses against the Uyghurs?
China Is My Contrarian Pick
We are seeing a decoupling between the economies in China and the West, and Chinese equities might benefit from a lower currency. Click here to read more.
China’s Electric Vehicle Battery King
Instead it was being financed and constructed by a little-known Chinese company founded only eight years earlier in China’s mountainous eastern … supply batteries to Volkswagen and BMW as the auto …
People’s Bank of China brags about crackdown on the ‘pseudo-gold exchanges’ of crypto
China is in the early years of a battle to regulate tech it doesn’t like, and one area of especial focus has become crypto. This is because China was at one point ground zero for…
