This year marks major milestones for two key players in China’s financial landscape: Bloomberg celebrates 30+ years in mainland China, while Huatai Securities marks 10 years since its Hong Kong …
FINANCE
Exclusive: Brazil to establish tax advisory office in China amid deepening ties
Brazil will establish a tax advisory office in China, the Brazilian Finance Ministry said, highlighting the strategic importance of the move as the two nations deepen their ties.
China bans Wells Fargo banker from leaving the country
An Atlanta-based banker working for Wells Fargo has been prevented from leaving China, the latest incident that threatens to amplify concerns among Western executives about the potential consequences …
China says Wells Fargo banker under exit ban is involved in criminal case
China’s Foreign Ministry said on Monday that Chenyue Mao, the Wells Fargo banker who has been blocked from leaving the country, was involved in a criminal case and obliged to cooperate with the …
Declining Western aid creates opportunity for China to expand development footprint in South-east Asia
China is set to expand its influence over South-east Asia’s development as the Trump administration and other Western donors slash aid, a study by …
ONYANGO: From Washington to Beijing: A shift in the architecture of global finance
China’s leadership in this space does not mean a wholesale replacement of IMF or World Bank …
China’s Dim Sum Bond Market Booms Again
Dim sum issuance tripled over three years, driven by low Chinese interest rates and growing demand for offshore renminbi funding.
China slams EU banking sanctions as tensions rise ahead of key summit
Beijing urges Brussels to ‘immediately cease’ its actions against two Chinese banks, which are accused of violating a Russia trade embargo.
China Confirms US Bank Employee Exit Ban Over ‘Criminal Case’
Beijing confirmed on Monday that an employee of US bank Wells Fargo was barred from leaving China, following reports last week that Shanghai-born managing director Chenyue Mao was under an exit ban.
US embassy in China warns exit bans risk straining bilateral relations
The US embassy in China has expressed concerns about damage to bilateral relations from exit bans, following reports that a commerce department employee had been prevented from leaving the country.
As aid from the West pulls back, China rises in Southeast Asia – study
China is set to expand its influence over Southeast Asia’s development as the Trump administration and other Western donors slash aid, a study by an Australian think tank said Sunday.
China land sales in smaller cities hit lowest level in a decade
China’s property market has struggled to rebound from a slump now well into its fourth year. New home prices across 70 cities dropped 0.3 per cent month on month in June, despite a host of…
China threatens response to EU sanctions on banks, firms
It’s the first time that Chinese banks have been added to the European sanctions list since the Russian invasion of Ukraine in 2022.
