Fears that employees of foreign firms risk entanglement with Chinese authorities have resurfaced after news that an employee of U.S. bank Wells Fargo has been banned from leaving the country.
Monthly Archives For July 2025
Wells Fargo suspends China travel after banker hit with exit ban
Wells Fargo has suspended all employee travel to China after one of its senior bankers was barred from leaving the country, a source familiar with the matter told Reuters on Thursd …
China shores up status as top shipbuilder with Shanghai port expansion
With US restrictions helping South Korea take a larger share of ship orders, China is developing hi-tech facilities in its financial centre.
China urges Canada to drop steel import curbs and threatens countermeasures
China’s commerce ministry called on Canada to correct the “wrong practice” of restrictions on steel imports and said in a statement on Friday it would take necessary measures to safeguard the …
China’s Single Men Turn to ‘Dating Camps’ To Find Love
Single men of humble beginnings have been left behind in China’s rapid development, according to “Dating Game” documentation Du Feng.
China bars top US banker from leaving the country
China’s use of exit bans has been a point of contention between Beijing and Washington. The US State Department has repeatedly advised citizens to reconsider travel to China based on what it called …
PBOC governor, Bank of America senior executive discuss economy, financial markets
China’s central bank governor Pan Gongsheng met Bank of America’s president of international business Bernard Mensah earlier this week to discuss economic and financial matters, the People’s Bank of …
China Reveals Encounter With Western Aircraft Carrier in Contested Waters
Encounters between Chinese and foreign military aircraft and vessels near the East Asian country are not uncommon.
China was on the sidelines of the Iran-Israel war. That’s just where it wanted to be
Weeks after his country was battered by waves of Israeli strikes and the US bombed three of its prized nuclear facilities, Iran’s foreign minister came to a gathering of regional diplomats in China …
China expected to keep lending rates steady, focus turns to Politburo meet
China is widely expected to leave its benchmark lending rates unchanged at a monthly fixing on Monday, a Reuters survey showed, as signs of economic resilience reduced the urgency for further monetary …
China commerce minister discussed foreign investment, AI at meet with Nvidia CEO
China’s Commerce Minister Wang Wentao told Nvidia CEO Jensen Huang on Thursday that he hoped multinational companies, including Nvidia, would provide high-quality and reliable products and services to …
China Lifts Exports of Rare-Earth Products After Trade War Curbs
China’s exports of rare-earth products jumped in June, pointing to a potential pickup in magnet supplies after government-imposed curbs that proved to be Beijing’s most powerful weapon in its trade …
China home prices fall at fastest pace in 8 months, stimulus calls rise
China’s new home prices fell at the fastest monthly pace in eight months in June, highlighting the struggle to revive demand despite repeated policy measures and growing calls for additional support.
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