BOC, China Life, PICC, China Taiping and China Cinda did not immediately respond to a request for comment. The MOF is the biggest shareholder in more than 20 large state financial institutions …
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Recent Posts
China asks large state financial institutions to drop auditor PwC, say sources
China spends big on beef from Latin America-Caribbean as copper drops among exports
For the first time since China became a major trading partner of Latin American and Caribbean (LAC) nations, frozen beef ranked among the top five imports from the region into China in 2023, …
Royal Air Maroc revisits Beijing route after pandemic wrecked previous launch
Oneworld alliance carrier Royal Air Maroc is restarting a service to Beijing after the pandemic forced it to abandon the route just weeks after a previous launch attempt. Royal Air Maroc opened the connection in…
China Economy: Xi Jinping Projects “Pro-Business” Image Amid Crackdowns
Chinese economy has been gripped by a slowdown. China’s mouthpieces are projecting the Chinese leader as “business friendly”. But Beijing’s crackdown of private companies and business owners has …
Exclusive-China’s Honor gets “unusually” strong state backing as it readies IPO
SHENZHEN, China (Reuters) -Chinese smartphone maker Honor is receiving an “unusually” high level of support from local government backers, as the former Huawei unit prepares an initial public offering …
China: Customers experience Huawei products in Beijing
Beijing, China – August 04, 2024 Customers experience Huawei products at a Huawei store in Wangfujing Commercial Street at night in Beijing, China, August 4, 2024. The best dance songs of all time Paris 2024:…
Why the South China Sea is so important to Beijing
In this four-part series, we look at why it’s so critical for Beijing, whether the Chinese coastguard can maintain pressure on multiple fronts and more. It’s not just about rocks, reefs and resources – vital…
Exclusive: China’s Honor gets strong state backing as it readies IPO
Chinese smartphone maker Honor is receiving an unusually high level of support from local government backers, as the former Huawei (HWT.UL) unit prepares an initial public offering (IPO), according to …
Exclusive: China asks large state financial institutions to drop auditor PwC, say sources
As auditor for about 110 domestically-listed companies as of March this year, per its website, PwC has built a substantial presence in China over the last couple of decades, with business interests …
Ethnic culture steals limelight in Shenzhen
Students from school choirs around China gather in Shenzhen during the Nationwide Youth Aesthetic Education Demonstration Performance and 2024 Aesthetic Education for All Youth Ethnic Chorus …
China services expansion picks up in fresh sign of momentum
Private survey’s result compares with official data last week showing services activity was on the brink of contraction. Read more at straitstimes.com.
U.S.-China Economic and Trade Cooperation Forum Held to Explore More Opportunities for Business Cooperation
More than 300 representatives from both Chinese and American business associations attended the forum. Ren Hongbin remarked, “China and the United States have highly complementary economies with …
Beijing Introduces New Travel Pass That You Can Purchase With International Bank Cards
The Beijing Pass allows tourists to use their international bank cards to purchase the pass at 15 locations in the city, including Beijing Capital International Airport, Beijing Daxing International Airport, and Beijing Railway Station, reported…