Investment firm Sequoia Capital recently hired Beacon Global Strategies, a firm led by former intelligence officials behind the infamous Hunter Biden laptop letter, to advise it on how to operate in China as the venture…
FINANCE
Trudeau points to ‘slave labor’ in China lithium production
Canadian Prime Minister Justin Trudeau on Friday linked the production of lithium in China to “slave labor” as he discussed his own country’s efforts to ramp up production of the metal used in electric vehicle…
Malaysian government strengthens economic ties with China
Prime Minister Anwar’s visit to Beijing saw huge Chinese investment pledges and an agreement to negotiate on South China Sea territorial claims, likely to produce a hostile reaction in Washington.
AI technology invigorates China’s digital development
At the 6th Digital China Summit, an exhibitor surnamed Zhang experienced an AI emotion-recognition system. Simply standing in front of the device, her stress values, blood oxygen levels, heart rate and other physiological indexes appeared…
China’s top diplomat meets Pak Army Chief, pledges continued support for cash-strapped country
Top Chinese diplomat Wang Yi met Pakistan Army chief General Asim Munir and promised China’s continued support to its ally.
China regulator to help lower financing costs of small businesses
China’s banking and insurance regulator said it would enhance credit support and lower the actual financing costs of small and micro enterprises this year to better support economic recovery.
Billionaire investor Ray Dalio warns US, China ‘on the brink’ of war and ‘beyond’ ability to talk
American Enterprise Institute senior fellow Zack Cooper cautions that Ray Dalio’s likely worried that U.S. investors putting money in China will soon face regulation.
China’s Biggest Bank Posts Scant Profit Gain as Margins Shrink
Industrial & Commercial Bank of China Ltd. said profit growth slowed in the first quarter of 2023 as lenders wrestled with shrinking margins and the lingering economic impact of China’s exit from …
Ukraine should use China as leverage to win war with Russia, finance minister says
Ukraine’s Finance Minister Sergii Marchenko tells CNBC’s Silvia Amaro that Ukraine should use China as leverage to win the war against Russia.
China Extends Cash Injections to Curb Month-End Rate Swings
China’s central bank boosted short-term cash injection into the banking system for the 11th straight day, the longest streak this year, as it sought to calm investor concerns over a liquidity squeeze …
China’s factory activity likely grew at slower pace in April
China’s factory activity likely expanded at a slower pace in April, a Reuters poll showed on Friday, pointing to the strains on the manufacturing sector from weak global demand and a slow recovery in …
China may have to bail out one of its poorest provinces
Guizhou, one of China’s poorest and most indebted provinces, has hired one of the country’s a top state-owned distressed debt funds, Cinda, to help resolve its “urgent” debt problems.
Green finance: Greater Bay Area pilot for climate-mitigation projects to meet international standards, draw global investors
China’s Greater Bay Area is promoting several decarbonisation projects that will embrace international disclosure and verification standards as it seeks to draw more green financing to help fund the …
