Country Garden Holdings said on Thursday that PwC has agreed to resign as its auditor, as the property developer became the latest Chinese company to sever ties with the firm. Country Garden said in an…
Monthly Archives For September 2024
China’s central bank sees room to cut reserve buffers to boost growth
China still has room to lower the amount of cash banks must hold as reserves while it faces some constraints in cutting interest rates, a central bank official said on Thursday, as it seeks to…
One of the last China bulls has capitulated. What JPMorgan likes instead.
Now, China has been something of a disaster for a long stretch now, so much so that an emerging-markets ETF without China has nearly the same assets as the one that has it. In fac…
Midea to raise US$3 billion as ‘White Goods’ giant eyes Hong Kong’s biggest IPO since 2021
Midea Group, the world’s biggest home appliance maker, is set to become the largest initial public listing (IPO) in Hong Kong in more than three years, as it aims to raise at least US$3 billion,…
AmCham South China Officially Launches the Shenzhen Qianhai Service and Meeting Center
The American Chamber of Commerce in South China (AmCham South China) today officially launched the Shenzhen Qianhai Service and Meeting Center. The opening ceremony was attended by nearly 200 …
Bad information is a grave threat to China’s economy
An obvious result is the retreat of individual liberty. In a reversal of its partial opening, China has become a more repressive place. Many Chinese still have liberal views and enjoy debate but stick to…
Tesla says it will launch Full Self Driving product in Europe and China early next year
Tesla says it will launch its “Full Self Driving” driver assistance product in Europe and China early next year.
‘Business is business’ at bustling China-Africa summit
In China, the price is right,” Abakar Tahir Moussa, a Chadian construction firm owner, told AFP, showing off the business card of a potential new Chinese partner.He hoped to use the Forum on …
China issues draft rules for foreign accounting firms’ domestic operations
China’s finance ministry introduced draft rules on Thursday for managing the domestic business activities of foreign accounting firms. According to the draft, financial departments will be tasked with …
How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification
According to a recent white paper, Swedish multinational corporations (MNCs) are navigating the complexities of the Chinese market by adopting “China-for-China” strategies, focusing on localizing …
T.D. Lee changed science in China and my life. This is what I owe to him
Chinese particle physicist Yangyang Cheng reflects on the legacy of the late Nobel laureate T.D. Lee — how his ideas changed her life, and the limit to his engagement with Beijing.
China’s Central Bank Sees Room to Lower Banks’ Reserve-Requirement Ratio
A Chinese central bank official raised the possibility of further relaxing the amount of reserves banks are required to hold but signaled that no aggressive monetary easing is in the pipeline amid …
AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant.
