The CEO of JPMorgan Chase & Co has said he “truly regrets” joking that his firm will “last longer” than China’s communist party amid criticism from Beijing. Jamie Dimon was addressing an event for …
FINANCE
In Depth: China’s Opened Its Doors to Foreign Financial Firms – Can They Prosper?
China has accelerated the opening-up of its financial sector, giving foreign institutions unprecedented access to investors in the world’s most populous nation and to one of the biggest capital …
China gives first real reaction to Dimon gaffes but will there be a backlash?
Sky’s Ian King explains why the world’s most influential banker has cause to be embarrassed and asks if the world’s second-largest economy is likely to respond.
Supply-Chain Crisis Only Getting Worse With China’s 7-Week Port Quarantine
China’s increasingly extreme Covid Zero policies are standing in the way of a full recovery for the shipping industry and prolonging a crisis that’s snarled ports and emptied shelves worldwide. Most R …
‘China’s Robinhood’ Tries to Calm Investor Nerves as Shares Sink
Online brokerage Futu Holdings, known as “China’s Robinhood,” attempted to reassure anxious clients on Wednesday that it would not close accounts and will focus on expanding its presence in Hong Kong …
Baidu, Pony.ai Nab Commercial Robotaxi Licenses in Beijing
Search giant Baidu Inc. and Toyota Motor Corp.-backed Pony.ai Inc. were granted the first batch of licenses from Beijing regulators to start open-road autonomous commercial driving operations in a …
China’s robust economy to attract more foreign investment, talents, economist says
China’s robust economy will attract greater foreign investment inflows and foreign talents into China, Dan Wang, Chief Economist at Heng Seng Bank (China) has said. “China’s main attraction for …
Stocks Steady, Futures Up Amid China Growth Effort: Markets Wrap
Asian stocks were steady Thursday and U.S. equity futures rose as traders weighed China’s efforts to cushion its economy as well as robust U.S. expansion that may hasten the withdrawal of monetary …
China regulator seeks to avoid U.S. delistings of Chinese firms
HONG KONG (Reuters) -Chinese authorities are working with U.S. counterparts to prevent Chinese companies being delisted from U.S. stock exchanges, a Chinese regulatory official said on Thursday, as a …
China Market Watchdog Says U.S. Delistings Bad for Relations, Hurt Firms
A top official at China’s securities watchdog said Chinese firms being delisted from U.S. exchanges would be a setback for the companies as well as for relations with the U.S. as he offered broad …
Why are China and Russia strengthening ties?
Weeks after sailing warships around Japan’s main island, the Chinese and Russian militaries have sent bomber flights into Japanese …
Qupital wants to finance more Chinese cross-border e-commerce merchants by tapping Hong Kong’s capital market
Hong Kong’s less stringent online lending rules vis-a-vis the mainland, and its mature financial market offer opportunities, Qupital’s CEO says.
China Urges Local Governments to Spend More to Counter Slump
China’s State Council called on local governments to sell more special bonds this year in order to boost investment amid a slowdown in the economy.Most Read from BloombergBillionaire Family Feud Puts …
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