Asian shares started cautiously on Monday after their best weekly run in five months, as investors looked ahead to China’s rate decision and U.S. Federal Reserve Chair Jerome Powell’s testimonies for …
FINANCE
Beijing’s ties with Moscow behind hardening Polish views on China
Last summer, with Russia’s gruelling war in Ukraine shifting the geopolitical sands in Europe, Beijing dispatched a veteran envoy to tour the bloc’s eastern front. Beijing’s cosy ties with Moscow had …
Blinken in Beijing: Wang Yi says US’ ‘erroneous perception’ of China to blame for worsening ties
China’s top diplomat Wang Yi on Monday urged the United States to “reflect deeply” and manage differences with Beijing, while attributing worsening ties to Washington’s “erroneous perception” of China …
China bankers told to shun flashy clothes, 5-star hotels in austerity drive
Financial professionals are among the highest-paid workers in communist China and their wealth and flashy lifestyles have often come under criticism from the public on social media as the economy …
Chinese financial firms implement austerity measures; cut salaries, bonuses, as Beijing cracks down on corruption
Chinese financial firms are implementing austerity measures, including cutting salaries and bonuses and curbing flashy lifestyles, as Beijing cracks down on corruption and tries to bridge the wealth …
Analysis: China bankers told to shun flashy clothes, 5-star hotels in austerity drive
From cutting salaries and bonuses and asking staff not to wear expensive clothes and watches at work, to reining in travel and entertainment expenses, Chinese financial firms have jumped on an …
China’s Big-City Homeowners Cash Out as Wealth Dream Fades
Chinese homeowners are losing conviction in their decades-long belief that property is a reliable store of wealth, undermining even coveted markets like Shanghai and adding pressure on authorities to …
As China Debate Heats Up, Biggest Risk Is Shift In Focus
Be wary of the growing focus on defense and ‘de-risking’ supply chains from China. Is this the tough on China stance Americans have been asking for?
China insider reveals how the West gets Beijing so wrong
In a new book, the London School of Economics’ Keyu Jin says China is developing a unique economic and political playbook for the next phase of its evolution.
China’s disgruntled youth gamble on life changing short cut to riches, but are lotteries just a ‘tax on the poor’?
A record 175.15 billion yuan (US$24.5 billion) of lottery tickets and scratch cards were sold in the first four months of 2023, up by 49.3 per cent from the same time last year Punters are…
Blinken lands in China on rare trip with hopes low for any breakthrough
U.S. Secretary of State Antony Blinken arrived in Beijing on Sunday, the first top American diplomat to visit China in five years, amid frosty bilateral ties and dim prospects for any breakthrough on …
China misperceived, says high-flyer straddling both worlds
In a new book, the London School of Economics’ Keyu Jin says China is developing a unique economic and political playbook for the next phase of its evolution.
China’s Local Governments Finding It Difficult To Service Debt As Fiscal Position Tightens: Report
China’s local governments are finding it difficult to service debt raised via municipal and Local Government Fina …
ADVERTISEMENT
