China will raise the amount of refined fuel its state-owned refiners are allowed to export in July from June, three industry sources briefed on the plan said.
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Bank of China used disguised mutual funds to avoid paying US$348m in taxes, audit finds
The bank channelled funds through affiliates and mass employee investors to pass off private funds as public, China’s top auditor says.
China sentences drug money launderer to death over $7 million in crypto transactions
The Supreme People’s Procuratorate of China (SPP) disclosed a cross-border narcotics and money-laundering case in which a defendant identified as Li Moubo was sentenced to death after converting more …
Facing the European plan against the Chinese shock 2.0, Beijing promotes the Chinese opportunity 2.0
Chinese Prime Minister Li Qiang, at the Davos Summer showcase, rejects the concept of “Chinese shock 2.0” used in Brussels and defends his country’s technological rise as a global opportunity. While …
Beijing’s young raptors show why nesting season is a rescue crisis
Beijing’s Raptor Rescue Center sees a spring surge of young owls, kestrels, and other raptors during nesting season. The pattern shows why the best response to a young bird on the ground is often …
China’s Self-Reliance Drive Powers 1,200% IPO Surge, Minting A New Billionaire
Wang Bing, chairman and CEO of semiconductor component maker Chongqing Genori Technology, has amassed a fortune of $4.7 billion as shares soared almost 1,200% after its Shanghai listing.
A Look At Beijing Shougang LanzaTech Technology (SEHK:2553) Valuation After An 11.39% One Day Share Price Drop
Why Beijing Shougang LanzaTech Technology is drawing attention now Beijing Shougang LanzaTech Technology (SEHK:2553) has come onto investors’ radar after a sharp 11.39% single day share price drop, …
China’s top auditor says major state banks have committed tax evasion or lending violations
BEIJING, June 25 (Reuters) – China’s top audit body has identified some of the country’s biggest state-owned financial institutions as having evaded tax or having lax loan oversight, underscoring …
China Unicom targets global growth
China Unicom announced on Wednesday that it has identified international expansion as a new growth engine and is working with global partners to enhance submarine cable systems, cross-border …
Exclusive – China to raise refined fuel export allowance in July, sources say
June 25 (Reuters) – China will raise the amount of refined fuel its state-owned refiners are allowed to export in July from June, three industry sources briefed on the plan said. China is one of…
China makes new US warship target for missile tests, images show
China has built a new US destroyer replica at a remote missile-testing site in its northwestern desert, satellite imagery shows, a target analysts say could be used to test anti-ship weapons.
China central bank to add tool to better manage short-term liquidity
SHANGHAI/BEIJING, June 25 (Reuters) – China’s central bank said it will debut overnight lending next week, offering reverse-repos to banks and brokers as it deepens control over what have been …
‘Salami slicing’: How China is trying to increase control in the Pacific
In a span of just a few weeks, China’s ships have carried out “law enforcement” activities farther from its mainland than ever before, mapped a highly sensitive seabed and conducted “research” inside …
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