China’s tightening of rules for consumer finance companies is likely to force consolidation in the roughly $120 billion sector that provides high-interest loans for millions of people shut out of …
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China’s consumer lenders set for shakeout as new rules raise the bar
‘Hong Kong is China’s Hong Kong’: Beijing hits back at U.S. for ‘slandering’ city’s new security law
China’s embassy hits back against U.S. criticism of Hong Kong’s new national security law, urging the U.S. to “respect China’s sovereignty.” …
China is building its military on a ‘scale not seen since WWII’ and is on track to be able to invade Taiwan by 2027: US admiral
“We must go faster,” US Adm. John Aquilino urged lawmakers repeatedly during a two-hour hearing on security in the Indo-Pacific.
China’s Tibet offers college exam takers a spot if their parents invest $400,000
Tibet is luring investors from elsewhere in China with a promise to let their children take university entrance exams there in return for an investment of at least $400,000, an unusual move to exploit …
China’s Central Bank Hints at More Monetary Easing
China’s central bank hinted at more monetary easing ahead and pledged more support for technological innovation, as Beijing doubles down on efforts to juice up its economy and manufacturing sector.
China central bank has room to cut bank reserves ratio further, deputy governor says
The deputy governor of China’s central bank said on Thursday there is ample monetary policy room to deliver further cuts to banks’ reserve requirement ratio (RRR), underlining market expectations for …
Grisly teen murder case shocks China and shines a light on ‘left behind’ children
The alleged murder of a 13-year-old boy by his classmates in rural northern China has shocked the nation, igniting heated debates about school bullying, juvenile crime and the plight of tens of …
China’s Wang Yi has ‘big picture’ talks with former Australia PM Keating
Chinese Foreign Minister Wang Yi met former Australian Prime Minister Paul Keating on Thursday and highlighted Beijing’s desire for U.S. ally Australia to have an independent foreign policy, Beijing …
‘Rich Dad Poor Dad’ Author Says Foolish And Desperate China Is In Trouble: ‘This Is Not The Time To Buy Stocks And Bonds’
Renowned financial expert, Robert Kiyosaki, cautions against investing in stocks and bonds amidst China’s economic instability, advocating for gold, silver, and Bitcoin (CRYPTO: BTC) instead.
China Builder Radiance Defaults on Dollar Bond Amid Sales Slump
Chinese developer Radiance Holdings Group Co. defaulted on a $300 million bond after it missed a payment due Wednesday, making it the latest company in the nation’s real estate sector to fail to meet …
China’s new rules on consumer finance to defuse risks, promote consumption
As China’s consumption demand will be further released amid an upward economy, the improved regulatory rules will promote consumer finance companies to play a more important role in boosting …
Shein to Market Its Unique Supply-Chain Technology to Global Brands
China-founded Shein has built a bargain fashion empire with a pioneering small-batch manufacturing model. Now it is planning to open that up to global brands and designers. The move represents a shift …
ROK people flocking Zhangjiajie? China ready for more foreign visitors!
Zhangjiajie’s increasing popularity is a valuable lesson for other Chinese tourist destinations. As China embraces tourism in a big way with COVID-19 restrictions being eased since 2023, it’s crucial …
