China is combining two of its largest state-backed brokerages to create a new behemoth as it seeks to consolidate the $1.7 trillion sector and build stronger investment banks to compete with overseas financial firms.
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China’s shrinking appetite for oil behind emissions cut for first time
Beijing accuses Pacific forum host Palau of ‘hype’ over its missile test
Major global brands stand among the glass towers of Shenzhen business district
Shenzhen urban landscape combines dining spaces with modern high rise architecture
China hits back at G20 statement on its reliance on exports, accusing them of ‘promoting protectionism’
Lawyer for China’s Zion Church seeks resettlement help while transiting through Taiwan
China tries to look past the property slump
Recent Posts
China Creates $230 Billion Brokerage to Take on Wall Street
China’s Market Is Changing. Global Companies Need to Adjust to the New Competitive Reality.
As its economy slows, banking on the size of China’s market is no longer a path to global success, Alfredo Montufar-Helu writes in a guest commentary.
China halts foreign adoptions, leaving questions about pending cases
The Chinese government is ending its intercountry adoption program, and the U.S. is seeking clarification on how the decision will affect hundreds of American families with pending applications.
China to make ‘fair’ final ruling on EU brandy imports
China will make an “objective” and “fair” final ruling on brandy imported from the European Union, the Chinese commerce ministry said on Thursday.
US and China Commanders to Discuss Conflict Prevention ‘In Next Few Weeks’
FILE PHOTO: United States and Chinese flags are set up before a meeting between U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng at the Diaoyutai State Guesthouse in Beijing, …
U.S. Election Looms Over Climate Talks with China
Experts believe the outcome of the race for the White House could determine how ambitious China’s climate efforts will be.
China’s tax invoice reforms aim to force companies to clean up their books
China is aiming to digitize its tax-invoicing system as part of the government’s efforts to raise more revenue and limit instances of tax evasion committed by companies, including those in the seafood sector.
China targets ‘green infrastructure’ deals in $50B pledge to Africa
China has inked several green infrastructure deals with African countries pledging $50 billion to the continent.
AstraZeneca Employees Held in China for Data Privacy, Drug-Import Investigations
Five current and former AstraZeneca employees reportedly have been detained by police in China in connection with alleged violations of data privacy laws and importing an unapproved cancer drug.
Shenzhen Land Auction Proviso Sparks Speculation China May Ditch Two-Decade-Old Pre-Sales Model
A residential parcel of land being put up for auction in the Chinese first-tier city of Shenzhen has the pre-condition attached that properties must be ‘ready-to-move-in’ before sales can begin, …
China promises Africa US$50 billion to finance infrastructure and trade
China has pledged more than US$50 billion to Africa in financing that will deepen cooperation in infrastructure and trade with the continent over the next three years.
China’s Country Garden removes PwC as auditor
Country Garden Holdings on Thursday said PricewaterhouseCoopers (PwC) has resigned as its auditor following the property developer’s recommendation, making it the latest Chinese company to sever ties with the troubled auditing firm.
US Targets China With New Quantum, Chip-Related Export Curbs
The Biden administration is imposing new export controls on critical technologies including quantum computing and semiconductor goods, aligning the US with allies working to thwart advancements in …
