The 3 million yuan (US$412,460) yuan annual salary limit will be applied to all state-backed financial institutions, sources say China plans to cap the annual salaries of financial workers at around 3 …
Featured Posts Title
Missouri seeks federal help in pressing China for $25 billion in COVID damages
How China-linked hackers co-opted Anthropic’s Claude
UBTech’s 2026 humanoid robot output to grow 10-fold as costs plunge with scale economics
China formally arrests 18 leaders of underground Zion Church amid religious crackdown
Xi Jinping Issues New Instruction on Rule of Law in China
China to suspend imports of Japanese seafood in latest escalation over Taiwan comments
Japanese seafood caught up in escalating diplomatic dispute with China
Recent Posts
China to set annual salary cap on finance sector amid common prosperity push, sources say
PwC Is Struggling in China With an Exodus of Clients and Staff
PricewaterhouseCoopers LLP’s regulatory troubles in China have caused an exodus of clients and led some of its accountants to seek out jobs at rivals, casting doubt over the firm’s prospects in the …
CHINA MOBILE Chairman: Public Products & Services to be Fully Upgraded, ‘AI+’ Action Plan to be Promoted
CHINA MOBILE (00941.HK) (600941.SH) Chairman Yang Jie said at MWC 2024 that the information and communications industry, as a strategic, fundamental and pioneering industry, is not… Standing at the …
China’s Bosideng Shares Drop 15% After Billionaire Chairman Cuts Stake
Shares in China’s biggest home-grown down jacket maker Bosideng International plunged by more than 15% at the Hong Kong Stock Exchange on Wednesday after the company said billionaire chairman Gao Dekang would lower his holdings…
Russia’s frenemy China is quietly trying to dampen Putin’s influence
China has massively boosted its economic and political influence in Central Asia while Russia’s been distracted in Ukraine.
EXCLUSIVE: 4 Years Later, CDC Documents on COVID-19’s Origin in China Emerge as Oversight Wanes
As congressional oversight lags, CDC documents shed light on officials’ early analysis of COVID-19’s origin in Wuhan, China.
China needs export markets: Expert on US tariffs, election
Cornell University professor Eswar Prasad joins Market Domination to give insight into the potential for increased tariffs imposed on China from the US and what the US-China trade war could look like.
Nvidia Stock Is Down Again. Why AI Chip Exports to China Remain a Problem.
Nvidia stock reversed course Wednesday, heading into the green in late morning trading after starting the day in the red.Nvidia shares were rising 2.6% to $125.78. The stock closed down 1.3% on …
Germany stops planned sale of VW’s gas turbine business to China
Germany’s cabinet blocked the planned sale of the gas turbine business of Volkswagen unit MAN Energy Solutions to a Chinese company on Wednesday, with ministers citing security reasons. The decision …
Flood fears in China’s east as rain swells Yangtze River levels
Rising water levels in the Yangtze River following intense rains in southern China have prompted eastern regions downstream to prepare for possible flooding. Water levels in the Jiangsu section of …
PM’s visit to China: Dhaka to seek $20b fresh loans from Beijing
Bangladesh will seek fresh loans amounting to $20 billion during Prime Minister Sheikh Hasina’s upcoming visit to China, which Beijing hopes would be a “game changer” in the bilateral relationship.
China to boost basic research in natural resources on its path to tech self-reliance
Ministry of Natural Resources guidelines reveal aim to work in global community, explore deep environments and boost scientist incentives.
Russian regulator encourages use of crypto to counter sanctions
Russia’s booming trade with China, India, the United Arab Emirates, Turkey and other countries which have not imposed sanctions has suffered major setbacks in the last few weeks. Recent Western …
