China should allow cross-border sharing of information by financial firms operating in the country, a leading financial lobby group said, as authorities tighten control of data generated within its borders in a national security drive.
Recent Posts
Explainer: The China-U.S. military chill: do they talk at all?
Amid intensifying military deployments across East Asia, high-level defence dialogue between China and the United States remains frozen. U.S. Secretary of State Antony Blinken did not secure any progress on the issue during his visit…
This 56-year-old has taken China’s college entrance exam for 27 years – with no luck
Liang Shi, 56, has by many measures led a successful life. He worked in various different industries, eventually opened his own business, got married and had a son.
China Owns 300,000 Acres Of Land In The US. Here’s Where
Chinese companies and individuals own farmland across America. But lawmakers in Washington are pushing to block any purchases that could be connected to the Chinese Communist Party.
PBOC Has Little Incentive to Intervene as Chinese Yuan Slides Due to Wide China-US Interest Rate Spread, Analysts Say
The People’s Bank of China has not moved to halt the recent weakening of the Chinese yuan against the US dollar. The big spread in China-US interest rates is one of the main reasons behind…
Asia lobby group pushes for easing of China’s offshore listing rules
China’s new offshore listing rules for domestic companies have left bankers and lawyers who work on listings unsure how to take on liabilities and how to avoid breaching tightened confidentially rules,
3 major companies trying to move supply chains out of China, and how they’re faring in their attempts to move away from the factory of the world
Apple, chip giant TSMC, and Japanese automaker Mazda are three companies shifting their supply chains to hedge against overreliance on China.
China’s faltering economy casts a cloud over chances of a breakthrough on trade
A slump in Australia’s major trading partner’s fortunes will have a profound effect on our exports — and our economy.
China owns 380,000 acres of land in the U.S. Here’s where
China is No. 18 on the list of foreign investors … Walton International Group, a Scottsdale, Ariz.-based real estate management firm, represents 8% of Chinese-owned land. The company also represents …
China’s Property Market Stays Cold Despite Mortgage Rate Cuts
The Chinese real estate market has remained cold during the three-day Dragon Boat Festival despite cities lowered the floor on mortgage rates for buyers after the central bank cut the loan prime rate.
China home sales require more easing to escape ‘current malaise’, analysts say
Among 13 cities selected by China Index Academy, one of the country’s largest independent real estate researchers, home sales by gross floor area rose 18.5 per cent in June compared to the previous …
AI to drive China’s new wave of tech revolution, industrial transformation, People’s Daily says
People’s Daily, the mouthpiece newspaper of the ruling Communist Party, vows to intensify efforts to unleash the potential of artificial general intelligence in China.
Influencers under fire for promoting Shein’s China factory amid abuse allegations
Shein is under fire for promoting one of its Chinese factories in a new video just months after facing allegations for exploitive factory conditions.