Wingtech, the Chinese parent company of Netherlands-based Nexperia, accused its Dutch unit on Friday of conspiring to build a non-Chinese supply chain and permanently strip it of its control, …
FINANCE
China’s central bank vows crackdown on virtual currency, flags stablecoin concerns
China’s central bank reaffirmed its tough stance on virtual currencies on Saturday, warning of a resurgence in speculation and vowing to crack down on illegal activities involving stablecoins. The …
S&P downgrades China Vanke, says its financial commitments unsustainable
SHANGHAI/HONG KONG (Reuters) -Ratings agency S&P Global downgraded China Vanke on Friday, saying the troubled property developer’s financial commitments are unsustainable due to its weak liquidity …
Bank of Beijing to buy 20% of Langfang City Bank for $18 million
SHANGHAI (MarketWatch) — Bank of Beijing Co. (601169.SH), partly owned by ING Groep NV ING and International Finance Corp., said Monday it plans to acquire a 19.99% stake of smaller rival Langfang …
China Financial Leasing Group Rebrands as Long Investment Corp
China Financial Leasing Group Ltd ( ($HK:2312) ) has shared an update. China Financial Leasing Group Ltd announced the successful passing of a …
Greater China Financial Holdings Updates on Trading Resumption Efforts
Greater China Financial Holdings Limited ( ($HK:0431) ) has shared an announcement. Greater China Financial Holdings Limited has provided an …
China’s First Batch of AIC Under Joint-Stock Banks to Target Green, Tech Innovation Sectors, Analysts Say
The first batch of three joint-stock banks that got their AIC approved identified science and technology finance as their core strategic direction, said Yang Haiping, researcher at the Shanghai …
China’s 15th Five-Year Plan Recommendations: Unpacking Strategic Depth and Industrial Opportunities
Huafu Securities outlines China’s 15th Five-Year Plan focusing on tech innovation, stronger finance, and expanded domestic demand.
China, inflation could pop Japan PM’s bubble
Charming Donald Trump one week, angering China the next, Japan’s Prime Minister Sanae Takaichi has had a busy start and is riding high in the polls, all on a few hours of sleep a night.…
2025 Energy Transition Conference Kicked Off in Beijing’s Future Science City
On November 22, the 2025 Energy Transition Conference grandly opened at the Energy Valley in Future Science City, Changping District, Beijing. Now in its seventh year at Energy Valley, this annual …
Bank of America, Industrial and Commercial Bank of China face higher capital buffer requirements
Bank of America (BAC) and Industrial and Commercial Bank of China (IDCBY) (IDCBF) face higher capital buffer requirements, according to the latest G-SIBs list.
China reportedly wants to do more deals in its own currency. Australia’s banks aren’t ready
The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.
Why China needs to let the renminbi rise
China’s currency, the renminbi, is undervalued. Everyday evidence abounds: residents of Hong Kong, whose currency is tightly pegged to the US dollar, flock across the border to Shenzhen for weekends …