Morgan Stanley is rumored to be cutting 40 roles in its Asia-Pacific investment banking arm, having already slashed jobs in the department last year.
Recent Posts
China’s Jiangsu sees robust foreign trade growth in April
The imports and exports of east China’s Jiangsu Province, one of the country’s major foreign trade hubs, rose by 14.2 percent year on year to about 421.5 billion yuan (about 60.4 billion U.S. dollars) …
Michael Burry of The Big Short fame doubled down on China bets. Here’s what other investors are saying
Burry’s investment moves are widely followed as he correctly called the collapse of the U.S. housing market that triggered the 2008 financial crisis. He shot to fame after appearing in Michael Lewis’s …
Sen. Marco Rubio releases COVID-19 origins report detailing suspicious behavior in China
Sen. Marco Rubio released Wednesday a report offering a “mountain of circumstantial evidence” that the coronavirus leaked from a lab in Wuhan, China, instead of spilling over from nature.
US would be crazy to ignore growing hazards of doing business in China
Any American citizen or company operating in China could face investigation, prosecution or even imprisonment for regular business activities, such as market research.
First 5G cross-network trial service launched in China
China Mobile employees debug the antenna of a 5G base station in Anhui province in December. [GUO SHINING/FOR CHINA DAILY] China’s big four telecom operators said on Wednesday they will jointly launch …
China dominates the solar power industry. The EU wants to change that
Germany was a pioneer in the solar power industry, but succumbed to competition from China. Now, Germany — and the European Union — are trying to revitalize the industry once again.
California man charged with stealing U.S. trade secrets to do business in China
A Rancho Cucamonga man has been charged with stealing sensitive software from two Southern California companies and using it to market his competitive company to work with Chinese businesses, the U.S.
China In Eurasia Briefing: Why China’s Central Asia Summit Is a Big Deal
Xi hosts Central Asian leaders in Xi’an, Beijing anxiously watches Pakistan’s unrest, Bosnian Serbs lean on China, and much more.
Tencent’s Sales Grow Most in Over a Year After China Reopens
Tencent Holdings Ltd.’s earnings missed estimates despite the fastest pace of revenue growth in more than a year, reflecting an uneven internet sector recovery during China’s post-pandemic reopening.
G7 leaders meet to pressure Russia, find China unity
Ministers warned Beijing on everything from its nuclear arsenal to its business practices, and this week’s summit is expected to endorse extracting crucial supply chains from Chinese influence.
China Film Pavilion in Cannes Showcases Hits, Opens Door to Potential Partners
For the second year running, Chinese film industry leaders are reaching out to the international film community: “The International Village of the Festival de Cannes has always been an important …
Rubio Publishes Vast COVID-19 Report: ‘Beijing Hid the Truth’
A new report by Sen. Marco Rubio concludes that “a serious biosafety incident” in China most likely caused the coronavirus pandemic. But the