Goldman Sachs Group Inc.’s deputy head for a China unit is leaving for HSBC Holdings Plc, the second senior exit from the US bank’s China operations this year, people familiar with the matter said.
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Goldman’s Deputy Head for China Unit Leaves to Join HSBC
Western China’s Development to Safeguard National Unity and Border Stability, Xinhua Reports
HONG KONG (Reuters) – Western China’s development must build a “strong sense of community” and safeguard national unity and border stability, according to a readout from a key Politburo meeting, official news agency Xinhua reported…
China targets “one-stop” financial fraud services in latest crackdown
China’s Supreme People’s Procuratorate (SPP) has pledged strict punishment for units and individuals offering “one-stop” services for financial fraud for …
Analysis-After battle with yuan bears, China is now keen to avoid sharp currency gains
SHANGHAI (Reuters) – Having spent all year trying to put a floor under the tumbling yuan, China’s central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the…
China ahead in humanoid robots field
HUMANOID robots are expected to usher in a new stage of growth as Chinese tech companies venture into the field to cash in on the immense market opportunities going forward, said experts and business …
China launches sophisticated and mysterious ‘Wuhan’ submarine with elite technology
A mysterious new submarine has been launched at a Chinese shipyard in Wuhan, with naval expert Thom Shugart saying it is likely to become one of the country’s most advanced non-nuclear vessels …
Philippines could provoke China at ‘another Chinese island’, says Global Times
The Philippines could “stir up trouble” at yet another “Chinese” island in the South China Sea, China’s state-backed Global Times reported, after what it said were Manila’s “provocative intrusions” …
On frontline island, Taiwan president rejects China’s rule for freedom
Taiwan wants to continue its free way of life and rejects being ruled by China’s Communist Party, Taiwan President Lai Ching-te said on Friday, visiting a frontline island between the two sides to …
Sephora layoffs: Cosmetics Retailer Giant Plans To Fire About 3% Workforce In China
This came after Sephora appointed former Nike Asia e-commerce chief as its new Greater China head to revive its fortunes on the mainland as the brand has been struggling to expand …
China meets automakers to discuss import tariffs on large cars ahead of EU tariff vote
China’s Commerce Ministry met with automakers and industry associations on Friday to discuss raising import tariffs on large-engined gasoline vehicles, sounding a warning as the European Union nears a tariff decision on Chinese electric cars.
Analysis: China’s CO2 falls 1% in Q2 2024 in first quarterly drop since Covid-19
The new analysis for Carbon Brief, based on official figures and commercial data, shows China remains on track for a decline in annual emissions this year. This annual outlook depends on electricity …
China Bond Trading Collapses Amid PBOC Crackdown on Record Rally
China’s attempts to cool a record bond rally have stalled a drop in yields, but at the cost of a collapse in trading activity to an extent that may create more headaches for policymakers.
China’s Black Myth enthralls players, brands and game-averse Communists
HONG KONG — The biggest-ever launch of a Chinese console video game has sparked a flurry of business, both legitimate and shady, while even authorities who are typically skeptical of gaming seek to …