China sentenced Hu Huaibang, a former chairman of the nation’s biggest policy bank, to life imprisonment on charges of corruption, the second harsh punishment doled out this week in a sign President … ( read…
FINANCE
China urges U.S. to end ‘unreasonable suppression’ of Chinese apps
China’s commerce ministry on Wednesday urged the United States to stop its “unreasonable suppression” of Chinese applications after Washington barred transactions with eight of them, including Ant … ( read original story …)
China slaps new curbs on developers to tame runaway home prices by hitting them where they hurt most: bank loans
The central bank’s much-vaunted “three red lines” – financial … She has reported in Washington D.C., Beijing, and Hong Kong in the past several years for both Chinese and international media … ( read original…
China central bank says it will make policy flexible and targeted in 2021
China’s central bank said on Wednesday it will make its monetary policy flexible, targeted and appropriate in 2021. The People’s Bank of China (PBOC) added it would deepen reforms of its loan prime … (…
China sentences former top finance executive to death for bribery
A Chinese court has sentenced the former chairman of a huge state-owned financial company to death after finding him guilty of bribery. It’s a rare use of the most severe punishment in a long-running ……
China to improve its fiscal policy quality
China will improve the efficiency and quality of its fiscal policies. It will do so by optimizing expenditure structures and strengthening management, Finance Minister Liu Kun told Xinhua in an … ( read original story…
China’s central bank says it will make policy flexible, targeted in 2021
China’s central bank said on Wednesday it would make its monetary policy flexible, targeted and appropriate in 2021, focusing on supporting small firms as the economy recovers. The People’s Bank of … ( read original…
China’s blue-chip index ends at 13-year high led by gains in banking, healthcare stocks
China’s blue-chip index closed on Wednesday at its highest level in nearly 13 years after rising for five consecutive sessions, as investors expect the government to sustain policy supports to counter … ( read original…
China’s yuan softens as c.bank hints at preference for slower gains
China’s yuan softened on Wednesday, continuing its walk back from a strong rally early in the week, after the country’s central bank appeared to signal a preference for a more moderate pace of … (…
China Sentences Ex-Finance Chief to Death on Corruption
China condemned the former chairman of China Huarong Asset Management Co. to death on charges of taking bribes, one of the most severe sentences to stem from President Xi Jinping’s anti-corruption … ( read original…
China Sentences Ex-Finance Chief to Death on Corruption
China condemned the former chairman of China Huarong Asset Management Co. to death on charges of taking bribes, one of the most severe sentences to stem from President Xi Jinping’s anti-corruption … ( read original…
China’s stock market closes at highest level since 2008 financial crisis
China’s stock market has soared to its highest level since the 2008 financial crisis as the world’s second-largest economy mounts a rapid recovery from the coronavirus pandemic. The CSI 300 index, … ( read original…
Where is Jack Ma? Chinese billionaire goes silent after Beijing cracks down on his empire
Jack Ma, the founder of Chinese e-commerce giant, hasn’t been seen much in public since he went public with criticism of China’s government in October. Here’s everything we know about what’s going on, … (…
