HONG KONG (Reuters) -Chinese regulators will likely impose a six-month business suspension on a big part of PricewaterhouseCoopers’ auditing unit in mainland China, as a penalty for its work on …
Featured Posts Title
Explainer-how China’s oil majors helped Beijing prepare for an energy crisis
In a Club of Emerging Powers, China and India Vie for Influence
China-Philippines tensions simmer after Beijing rebukes Manila over Seoul clash
Night view of Shougang Park in Beijing
China extends legal reach abroad to fight US sanctions
Beijing E-Town program nurtures student innovators
Teodoro’s public rebuke of Chinese note in Seoul risks adding tension to strained Manila-Beijing ties
Recent Posts
PwC China faces 6-mth business ban, large fine over Evergrande audit, sources say
Mass termination of employees in China for business reasons
It’s necessary for employers to have a plan B, just in case the negotiation with employees for mutual termination failed. Before the negotiation, employers need to decide whether to proceed with unilateral termination if the…
In China’s “median city” people are surprisingly risk-averse
If Chinese optimism is now fading, the world needs to know. Certainly the economy is slowing. Consumers and businesses are in a funk. The Communist Party devotes large resources to tracking the public …
Calls for stimulus package grow in China
A growing chorus of Chinese economists is pressing for Beijing to roll out fiscal stimulus to bolster the country’s flagging economy. Economic growth has fallen short of official expectations in the …
Beijing pushes major Chinese telcos to raise dividends
Three major Chinese telcos are dramatically changing their financial strategies and shifting from reducing capital costs to offering higher dividend yields.
China Manufacturing Tracker: 2024-25
Helping investors and analysts track the latest economic data and growth indicators of the China manufacturing industry.
Tourists scaling the Great Wall of China can now get takeout delivered by drone
The drone delivery fee is just 4 yuan (56 cents), the same as regular Meituan deliveries, state-run Beijing Youth Daily reported. The service will take orders from 10 a.m. to 4 p.m., after which the…
China Confirms Japanese Citizen Indicted on Suspicion of Espionage
The Japanese pharmaceutical company said on Wednesday that one of its Japanese employees detained since March 2023 on suspicion of spying had been indicted by Chinese authorities. (Reporting by Colleen Howe; Writing by Ryan Woo;…
China’s self-driving startup WeRide delays U.S. IPO as deadline looms
WeRide delayed its plan for an initial public offering in the U.S., citing the need for more time to complete documents. It has been a dry market for Chinese IPOs in the U.S. in recent…
Taiwan president to visit frontline islands at centre of China tensions
Taiwan President Lai Ching-te will on Friday make his first visit since taking office in May to the sensitive Kinmen islands that sit next to the Chinese coast and have been the scene of stepped…
Russia’s Oil Exports to China Plunge After Putin’s Visit With Xi
China’s imports of Russian oil dropped by nearly one-third in four months, a worrying trend for Moscow’s heavily sanctioned economy.
China’s securities market greets new IPO rules; institutional investors asked to undertake risk assessment for IPOs
VCG. Securities Association of China (SAC) recently drafted a decision on revising the investor management rules for initial public offerings (IPOs) and …
China revenues drop for high-end hotel chains as business travel, consumer spending dip
Wyndham, IHG, Hilton, Marriott, Hyatt and Accor have reported declines in revenue for their China operations as business travel and overall demand slow Softening demand for business travel, fiercer …