China’s finance ministry introduced draft rules on Thursday for managing the domestic business activities of foreign accounting firms. According to the draft, financial departments will be tasked with …
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China issues draft rules for foreign accounting firms’ domestic operations
How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification
According to a recent white paper, Swedish multinational corporations (MNCs) are navigating the complexities of the Chinese market by adopting “China-for-China” strategies, focusing on localizing …
T.D. Lee changed science in China and my life. This is what I owe to him
Chinese particle physicist Yangyang Cheng reflects on the legacy of the late Nobel laureate T.D. Lee — how his ideas changed her life, and the limit to his engagement with Beijing.
China’s Central Bank Sees Room to Lower Banks’ Reserve-Requirement Ratio
A Chinese central bank official raised the possibility of further relaxing the amount of reserves banks are required to hold but signaled that no aggressive monetary easing is in the pipeline amid …
AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant.
China Detains AstraZeneca Staff in Data, Drug-Import Probes
Police in China have detained five current and former employees of British drugmaker AstraZeneca Plc for questioning about potential illegal activities, according to people familiar with the matter.
China is suffering from a crisis of confidence
The two rival explanations for China’s confidence problem thus have quite different implications for policy. If gloom is simply a function of a weak economy, stronger stimulus should dispel it.
China’s Midea Group to raise US$3 billion in Hong Kong’s biggest IPO in 2 years
The world’s biggest home appliance maker is likely to start the book building process as early as Monday, according to a source.
Five AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant. Authorities in Shenzhen, China, are investigating how the company collected …
China offers Africa $51 billion in fresh funding, promises a million jobs
President Xi Jinping pledged on Thursday to step up Chinese support to Africa, the world’s second fastest-growing continent, with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at…
China’s New York envoy ‘performing his duties as usual’ after Chinese agent case, Beijing’s consulate says
China’s consulate in New York has denied reports that its top diplomat was removed in the aftermath of an alleged Chinese agent bust, saying the consul general is “performing his duties as usual.” …
China sees room to lower reserve requirement ratio, PBOC official says
BEIJING, Sept 5 (Reuters) – China still sees some room to lower the amount of cash banks must hold as reserves, a central bank official said on Thursday, adding that the lender will continue to…
China detains AstraZeneca staff in data, drug-import probes, Bloomberg News reports
The police in China have detained five current and former employees of AstraZeneca for questioning about potential illegal activities, Bloomberg News reported on Thursday, citing people familiar with the matter.
