China is making one of its biggest pushes yet into Middle Eastern renewable energy.A group led by state power firm China Three Gorges Corp. is buying Alcazar Energy Partners, a Dubai-based wind and …
FINANCE
Investors ‘Sell’ Chinese Tech Stocks as Beijing Continues Crackdown
The Chinese Communist Party’s crackdown on the country’s tech companies has wiped out a trillion dollars from global stock markets. And as Beijing continues …
China strengthens supervision of accounting firms in fight against forgery
China said on Monday it will tighten scrutiny over accounting firms in a fight against financial forgery, vowing “zero tolerance” toward misconduct. The guidelines, published by China’s State Council, …
China orders Communist Party members to resolve conflicts of interest as top Hangzhou official probed
SHANGHAI (Reuters) -Members of China’s ruling Communist Party in the technology hub city of Hangzhou have been ordered to resolve any potential business-related conflicts of interest involving …
China Starts Probe Into Party Boss of Alibaba’s Home City
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China attracts $1.3 billion in fintech investment in best result since H2’19, finds KPMG analysis
Fintech investment in China increased from $900 million in H2’20 to over $1.3 billion in H1’21, achieving the best result since H2’19, according to KPMG’s Pulse of Fintech, a bi-annual report on …
Will China crash into financial crisis?
As China slows with a receding credit tide, its titanic armies of naked swimming businesses are exposed. So far, the headlines have been hogged by Huarong and Evergrande but there are many other …
China Stock Market Expected To Snap Losing Streak
The China stock market has tracked lower in back-to-back sessions, sliding almost 60 points or 1.8 percent along the way. The Shanghai Composite Index now rests just above the 3,425-point plateau …
China’s coming era of ‘common prosperity’ – and what it means for the rich
When Chinese student Ding Xueliang was studying in the US city of Boston in the late 1980s, one of the biggest lessons he learned occurred outside the classroom. Ding crossed paths with a number of…
Evergrande Told to Fix Debt in Rare China Rebuke; Bonds Drop
Find the latest NVIDIA Corporation (NVDA) stock quote, history, news and other vital information to help you with your stock trading on FintechZoom …
China Plays the Long Game in Shift to ‘Cross-Cyclical’ Strategy
The Chinese Communist Party has a new catchphrase to guide its economic policy, a “cross-cyclical” approach that government advisers say means taking action sooner, in smaller steps and with a longer …
China’s central bank imposes $1.77 million worth of fines on 4 domestic banks for illegal handling of credit information
China’s central bank, has imposed fines worth a total of 11.53 million yuan ($1.77 million) on four domestic banks and a number of individuals for illegal handling of credit information. Experts have …
China’s economy at an ‘inflection point’ as Xi Jinping embarks on sweeping regulatory crack down
The regulatory storm sweeping across China’s economy has raised concerns about the scale of government intervention in local markets, while some analysts question whether the changes are enough to …
