The Taliban are already in a financial bind since they returned to power 20 years after their ouster, as major aid donors halted their support for Afghanistan.
FINANCE
China Speaks Against Income Inequality, Sending Chills Throughout The Luxury Market
Chinese President Xi Jinping calls for “common prosperity,” outlining a move to “adjust excessive incomes.” With luxury the most conspicuous symbol of income inequality, a cultural turn against the …
National Security Law Seen Threatening Hong Kong’s Financial Role
Implementation of last year’s highly contentious national security law could cost Hong Kong its international luster as a financial hub, experts have told VOA. More than 130 residents, activists, …
China Development Bank ups loan support for small, micro-businesses
The China Development Bank has increased loan support for small and micro-businesses with outstanding funds nearing 188 billion yu …
Pakistan’s banking sector to participate in China trade fair
Pakistan Banking sector will participate in the 8th China International Fair for Trade-in-Services 2021, scheduled to be held from September 2nd to 7th in Beijing. Talking to China Economic Net, …
Beijing stalls plan to impose HK anti-sanctions law
China’s National People’s Congress (NPC) standing committee on Friday did not pass a scheduled motion to impose the Anti-Foreign Sanction Law in Hon …
China’s Tycoons Are Getting A Serious Reality Check
In yet another attempt to control its wealthy, Beijing has laid out a new plan aimed at restraining “unreasonable income”, hiking wages and giving a growth boost to the middle class.
‘Let Me Be Blunt’: Taiwan Finance Minister Claims China ‘dreams Of Emulating’ Taliban
Taiwan’s foreign minister on Friday lambasted the People’s Republic of China saying that President Xi Jinping’s regime is motivated to “emulate” the Taliban. Taiwan’s Joseph Wu referred to Beijing’s …
Follow the boss: is China’s Communist Party killing initiative with top-down command chain?
When key regulations mandate that low-level cadres seek authorisation in decision-making or face disciplinary action, risk aversion becomes the strategy of choice.
What China’s new data privacy law means for Asian markets
Tiffany Hsiao, Managing Director & Portfolio Manager at Artisan Partners, joins Yahoo Finance Live to discuss regulatory risks in China after a new data privacy law was passed.
China Stocks Listed in U.S. Pounded as Beijing Clamps Down
Chinese companies listed in the U.S. matched their longest weekly losing streak in more than a decade after Beijing intensified its regulatory clampdown across various industries.American depositary …
Anti-sanctions law for Hong Kong: a look at the lead-up to Beijing’s surprise move to delay legislation, and what’s next
In the days leading up to the Beijing meeting, debate had mounted over how the government could use the city’s own legislative process to localise a national law, assuaging concerns from the business …
US Bid to Check China Falters in Africa
China’s global ambitions may have taken a hit in the United States, Europe, Australia, Japan and India, but in Africa, its sustained power and influence are forcing Washington to recalibrate its …
