This year, other foreign financial institutions, especially securities firms, have also increased their presence in the country as China steadily promotes the all-round institutional opening up of the …
Monthly Archives For November 2024
China criticises Trump tariff threat, says it won’t solve America’s problems
China attacked U.S. President-elect Donald Trump’s pledge to slap additional tariffs on Chinese goods over fentanyl flows, saying his incoming administration was pushing the blame for America’s opioid …
China investigates high-ranking general as Xi’s military purge broadens
China has suspended a top military official and placed him under investigation for corruption, the defense ministry said, as leader Xi Jinping broadens a sweeping purge in the upper ranks of the world …
China Probes One of Nation’s Top Military Officials, AFP Says
China has suspended Miao Hua from the top military body led by President Xi Jinping, ramping up a graft probe that’s roiling the upper echelons of the People’s Liberation Army.Miao has been placed …
Hong Kong initiates crypto tax exemption plans for hedge funds, private equity funds, and billionaires
Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge …
Hong Kong initiates crypto tax exemption plans for hedge funds, private equity funds, and billionaires
Hong Kong has initiated plans to exempt private equity funds, hedge funds, and billionaires from paying taxes on realized gains from crypto investments. The policy changes could see Hong Kong emerge …
In the News: EU Introduces Forced Labor Regulation; EU Requires Tech Transfers from China; and Crypto Ownership Deemed Legal in China
EU to ban products and components involved in forced labor; EU plans to require tech transfers for Chinese companies to obtain subsidies; and Shanghai court’s opinion allows Chinese individuals to own …
China’s Robotaxi co Pony AI raises USD 260 mn in US IPO
Pony AI’s listing may show how US investors approach China-based companies under Donald Trump’s administration, especially as the two biggest economies in the world vie for dominance in high-stakes …
Philippine military disables Facebook features to counter pro-Beijing trolls
This move comes after a surge in pro-Beijing propaganda and fake news targeting the armed forces and their stance on the South China Sea dispute.
Beijing decries ‘persecution of Chinese citizens’ after swap deal with US
Beijing has “always firmly opposed the US side’s suppression and persecution of Chinese citizens for political purposes,” Foreign Ministry spokeswoman Mao Ning told reporters in the Chinese capital. Mao said three Chinese citizens who were…
China announces top military official is under investigation
The suspension of Miao Hua, one of China’s highest-ranking military officials, marks an escalation in leader Xi Jinping’s campaign to tackle corruption.
China’s EV price war is so brutal that BYD is trying to pinch its suppliers
China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals there is no end in sight to a vicious price war…
Beijing Says 3 Nationals ‘Wrongfully Imprisoned’ In US Now Back In China
Beijing said Thursday that three of its nationals “wrongfully imprisoned” in the United States had returned to China, after US officials said they had negotiated the return of three Americans …