President Biden received $40,000 in “laundered” funds from Chinese government-linked CEFC China Energy, according to a memo released Wednesday by James Comer and the House Oversight …
Recent Posts
Nvidia losing huge orders in China is ‘troubling’: Michael Lee
Michael Lee Strategy founder Michael Lee joined ‘Varney & Co.’ to discuss the White House’s foreign policy strategy and its impact on the U.S. markets.
UFC Fight Night set to return to China after 4 years with Shanghai event
After previously being unable to stage events in the country because of its strict Covid-19 measures, the promoter announces that its event is to take place in Shanghai in December.
OCT’s Stock Slips After Visitors Hurt in Roller Coaster Collision at Shenzhen Theme Park
(Yicai) Oct. 30 — Shares of Overseas Chinese Town, a loss-making pioneer of theme parks in China, fell after visitors were injured when two roller coaster trains collided at its 25-year-old amusement …
China announces export control on certain graphite materials, products
The Chinese government announced that it will impose export controls on certain graphite materials and related products. This was reported by The Xinhua News
China says it will back global consensus on AI amid tech clash with U.S.
Wu Zhaohui, China’s vice minister of science and technology, said the country was willing to “enhance dialogue and communication in AI safety with all sides.
Lawmakers seek information from Biden administration on Iran oil exports to China
Ruben Gallego (D-AZ) and Don Bacon (R-NE) sent a bipartisan letter to two Cabinet secretaries requesting information raising concerns about Iran’s export of oil to China and asking for information about the administration’s plan to…
China Threat Looms Large for Taiwan Despite Beijing’s Ministerial Chaos
Taiwanese officials say that although Chinese President Xi Jinping hasn’t yet replaced his fired defense minister, his overall military aims remain unchanged.
Beijing eases rules for home buyers
Photo/VCG] Beijing adjusted polices of housing provident fund loans on Wednesday as part of an effort to loosen restrictions on hous …
Record High Short-Term Interest Rates in China Raise Liquidity Alarm Bells
China’s short-term interest rates reached 50%, causing liquidity concerns; People’s Bank may lower the reserve requirement ratio (RRR).
China’s Property Sector Loans Contract for First Time on Record
The outstanding amount of loans to the property sector fell 100 billion yuan to 53.19 trillion yuan ($7.3 trillion) at the end of September compared with the level a year earlier, according to a …
China doubles down on tried, tested infrastructure spending, but is it still the right fit in a debt crisis?
Central financial work conference vowed to set up a long-term mechanism to resolve debt risks on Tuesday after Beijing’s fiscal revision and treasury bond approval last week Analysts say raising the …
China strengthens capital management rules for banks
BEIJING, Nov 1 (Reuters) – China’s financial regulator is beefing up capital rules for banks to combat financial risks, the National Financial Regulatory Administration said in a statement on …