BEIJING — A former vice president of China Development Bank (CDB), He Xingxiang, was arrested on suspicion of accepting bribes, China’s Supreme People’s Procuratorate said on Sunday, amid a series of …
FINANCE
5G, its security implications and the China angle
During the budget speech on 01 Feb 22, the Finance-Minister made an announcement about the … telecom companies to take part in 5G deployment in India. As a consequence, China warned India if this …
China Arrests Ex-Development Bank Official for Alleged Bribery
(Bloomberg) –A former vice president of China Development Bank has been arrested for alleged corruption, the latest in Beijing’s months-long anti-graft campaign that has snared more than 20 officials …
‘Will go home’ if PM Imran not satisfied with finance ministry performance: Shaukat Tarin
China will help in end-to-end agriculture to raise the yield … speaking at the inaugural ceremony of ‘Kamyab Jawan Markaz’ at Karachi Chamber of Commerce & Industry (KCCI), the finance minister …
Former vice president of China Development Bank arrested for suspected bribery, power abuse
BEIJING, Feb. 13 (Xinhua) — He Xingxiang, former vice president of China Development Bank, was arrested on suspicion of accepting bribes and issuing financial bills in violation of regulations, the …
China does not always collect its debts on time
China’s lending boom to poor countries is turning sour, as governments struggle to repay their debts to its state-owned lenders like the Export-Import Bank of China and China Development Bank. So how …
China’s financial hub sees biopharmaceuticals ride boom in new medications
[Photo/CHINA DAILY] Shanghai is looking to grow its biopharmaceutical market to 1 trillion yuan ($157.3 billion) by the end of 2025, as biopharma remains one of the three backbone industries fueling …
China’s electric cars map ambitious road to Europe
There are no shortcuts from Shanghai to Stockholm, and competing with $900 bln Tesla will be tough. But an asset-light strategy limits the financial fallout if they fail. Chinese electric-car maker …
Pfizer Withdraws FDA Application — China $Trillion Boost — The Failure of Free Banking and Sound Money — Central Bank Ownersh
China boosted its money supply by 6.2 Trillion Yuan last week … THE FAILURE OF “FREE BANKING” AND “SOUND MONEY” IN THE UNITED STATES — FINANCIAL MAYHEM IN THE 19TH CENTURY INCLUDING THE PANIC OF…
Warm China and IMF Relations Reward Ecuador, Finance Chief Says
Ecuador’s warm relations with two of its biggest creditors are likely to lead to a bigger disbursement from the International Monetary Fund this quarter and easier repayment terms on its debt with …
Daughter of Kamila Valieva’s controversial coach dodges media questions at Beijing Olympics
BEIJING – The Kamila Valieva controversy is taking its toll on the patience of Russian skaters. The ice dancing partner of the daughter of Valieva’s controversial coach tried to shut down …
China’s central bank ‘the counterpoint’ to global tightening trend: Economist
Morgan Stanley Chief Economist Seth Carpenter joins Yahoo Finance Live to discuss the outlook for the 2022 market, global monetary policy, and his thoughts on the first Black woman to be nominated …
BlackRock CCB Wealth Management approved for pension wealth management in China
(Xinhua/Mu Yu) BEIJING, Feb. 12 (Xinhua) — BlackRock CCB Wealth Management has gained the license from China’s top banking regulator to pilot wealth management products for pensions in the cities of …
