The air was heavy with anticipation as the news broke. Liu Liange, the former chairman of the Bank of China, a figure who once stood at the pinnacle of the country’s financial empire, was now…
Monthly Archives For October 2023
Former Bank of China boss arrested on bribery charges
The former chairman of the Bank of China has been arrested over suspicions of bribery and giving illegal loans. Liu Liange, chairman of the state-owned bank from 2019 to 2023, had resigned from his …
Exclusive-US tackles loopholes in curbs on AI chip exports to China – official
The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent government restrictions, a U.S. official said, as part of the Biden administration’s …
China Will be One of Few Fast-Growing Markets This Year, Germany’s Wacker CEO Says
China is Wacker’s largest market, accounting for about a third of its global sales in 2022 with nearly EUR2.5 billion (USD2.6 billion). Last year, the company bought a 60 percent stake in Sico …
China Got a Big Contract. Nepal Got Debt and a Pricey Airport.
China called the project a “signature” of its cooperation with Nepal. Insiders and documents reveal the pitfalls of China’s infrastructure-at-any-cost model.
In China’s Calls for Mideast Peace, Hamas Assault Goes Unmentioned
China has called for peace and de-escalation in the region but has avoided any condemnation of the deadly assault on Israel by the Gaza-based militant group.
Leaders from emerging economies are visiting China for the ‘Belt and Road’ forum
A stream of leaders of emerging market countries are arriving in Beijing for a meeting organized by the Chinese government that will mark the 10th anniversary of its Belt and Road Initiative.
No ‘huge reflationary’ consumer demand in China without property sector recovery: Hedge fund
Monica Hsiao, chief investment officer and founder of Triada Capital, says much of China’s urban wealth is tied to property as an asset.
Hi-tech cooperation key to rebuilding China-South Korea ties: envoy
China tells South Korea not to allow ‘third party’ interference … According to Xing, Seoul and Beijing should strengthen their existing technology and innovation cooperation mechanisms and aim for …
Hong Kong stocks slip as market braces for new US tech curbs on China while worsening Israel-Hamas war saps risk appetite
Hong Kong stocks declined as investors braced for tighter US curbs on technology exports to China and amid concerns about the worsening Israel-Hamas war. Government reports this week may show the …
China’s Belt and Star Road: How Space Technology is Shaping Global Influence
The early morning sun rises over the bustling streets of Cairo, casting long shadows that dance on the walls of ancient pyramids. The air buzzes with the energy of a city on the brink of…
Fearing China, South Korea targets firms building Taiwan navy submarines
South Korean authorities cited the risk of Chinese economic retaliation when they charged marine technology firm SI Innotec last year with violating trade laws for its work on Taiwan’s new military …
China launches rocket to send multirole satellite into orbit
China launched a Long March 2D carrier rocket on Sunday morning to send a multirole satellite into orbit, according to China Aerospace Science and Technology Corp.
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