Shadow banks, such as Sichuan Trust and Zhongzhi, are non-bank financial institutions, such as credit guarantee companies, hedge funds and asset management companies, that provide some of the key …
Recent Posts
China’s National Team Bought $57 Billion of Shares, UBS Says
China’s state-backed funds have poured more than 410 billion yuan ($57 billion) into onshore shares this year in a bid to prop up the market, according to estimates by UBS Group AG, which expects …
China highly-concerned about trade remedy investigation started by EU on EVs
China is highly-concerned about the trade remedy investigation initiated by the European Union on China’s electric vehicles and other products, the country’s commerce minister said in meeting on …
Exclusive: StanChart suspends new investments from clients via China outbound channel
HONG KONG, Feb 27 (Reuters) – Standard Chartered (STAN.L), opens new tab has suspended new subscriptions by its clients in China into offshore products via a quota-based channel since last week, the …
Beijing-Tianjin-Hebei achieve remarkable progress in high-quality development
BEIJING, Feb. 27 (Xinhua) — The Beijing-Tianjin-Hebei region has achieved remarkable progress in high-quality development over the past decade, an official said on Tuesday. In early 2014, China …
China’s COMAC to showcase C919, ARJ21 jets in 5 Southeast Asian countries
Chinese state-owned planemaker COMAC will conduct flying displays of its C919 and ARJ21 jets in five Southeast Asian countries, it said on Tuesday, as it looks to lay the groundwork for future …
Leaked Hacking Documents Show China’s Focus on Tracking Ethnic Minorities
A trove of files from a cybersecurity firm opens a window into how Beijing uses surveillance to impose political controls inside and outside its borders.
China Says Hong Kong’s ‘One Country, Two Systems’ Is Permanent, SCMP Reports
China’s top official in charge of Hong Kong said the city’s governing principle of “one country, two systems” will be kept as a “permanent feature,” South China Morning Post reported.
China Has Expressed Opposition to US Sanctions on Chinese Companies Due to Their Russia-related Reasons
The Chinese Ministry of Commerce issued a statement on Monday strongly opposing the United States’ imposition of sanctions on Chinese enterprises for reasons related to Russia. The ministry emphasized …
Sen. Ron Johnson, Health Experts Allege Cover-Up of COVID-19 Vaccine Dangers
Sen. Ron Johnson cites a “growing corruption of scientific research, medical journals, and federal health agencies” related to COVID-19.
China’s Zhida Weighing HK$1 Billion Hong Kong IPO This Year, Sources Say
Shanghai Zhida Technology Development Co., a maker of electric-vehicle charging systems, is considering an initial public offering in Hong Kong that could raise about HK$1 billion ($128 million), …
Ant Group Has Outbid Citadel for the Remnants of Credit Suisse’s China Investment Bank Venture, in a Showdown Between Jack Ma and Ken Griffin
The bid by a fintech giant backed by Jack Ma to establish a securities business using Credit Suisse’s operations will undergo a thorough review due to China’s preference for a foreign buyer, according …
Nestle China reaps sweet gains on demand surge
Nestle China posted 2023 sales of 43.6 billion yuan ($6.06 billion), up 4.2 percent year-on-year, driven by increased product demand and e-commerce business, alongside a surge in market shares among …