HONG KONG (Reuters) – China’s financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country’s local government debt, three sources with …
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China probes exposure of HK units of banks, insurers to local government debt, sources say
China’s economic bright spots provide a warning
Instead of developing a new path to prosperity, China’s optimistic city is riding on the coat-tails of the country’s geopolitical rivals. For more expert analysis of the biggest stories in economics, …
China’s Tencent takes over two ByteDance video game teams – source
HONG KONG, March 14 (Reuters) – China’s Tencent (0700.HK), opens new tab has taken over two ByteDance video games units after ByteDance retreated from the gaming business last year, according to a …
China seeks closer US links on scientific research, use of AI in education
China has urged closer cooperation with the United States in scientific research and the use of artificial intelligence in education, while boosting youth exchanges. The call from China’s education …
Fosun Pharma joins Shenzhen government to raise US$700 million healthcare fund to invest in biomedicine innovation
One of China’s biggest pharmaceutical producers will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular …
China Gas Explosion Death Toll Rises Amid State Media Scandal
The death toll from a suspected gas explosion on the outskirts of Beijing rose to seven on Thursday, as local authorities apologized for preventing state media from reporting on site. An additional 27 …
China’s plan to cut downpayments for cars likely to fall flat, analysts say
China’s efforts to boost auto sales by cutting downpayments on car loans stand to be frustrated by a price war and consumer caution, chiefly benefiting a few brands favoured by younger buyers, such as …
China Warns US About TikTok Blowback
An analyst told Newsweek censorship-happy Beijing is in no position to cry foul over U.S. efforts to split TikTok from Chinese parent company ByteDance.
If the US bans TikTok, China will be getting a taste of its own medicine
TikTok is now facing a ban in the United States, a fate that has already befallen a string of American social media giants that tried to make it in China.
China’s National Team Cools ETF Buying After $50 Billion Spree
(Bloomberg) — China’s state funds bought around $50 billion of the nation’s equities over the past five months, with purchases slowing during the annual meeting of the nation’s top legislators, …
China’s Sichuan Trust unravels
CHENGDU, China — Some investors in a troubled trust fund in China are facing financial ruin under a government plan to return a fraction of their money, casualties of a slump in the property industry…
Duo Behind TikTok Bill Casts a Spotlight on China Fears
A bipartisan duo of China hawks drew attention when they introduced legislation taking aim at TikTok, but the social-media site isn’t their only target.
Taiwan joins China in search and rescue mission after fishing boat capsizes
Taiwan dispatched coast guard boats to join a rescue mission at China’s request after a fishing vessel capsized near the Taiwan-controlled Kinmen islands.
