Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one of …
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Pacific island nation embarrasses Xi, angers China
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Broadcom closes $69 billion VMware deal after China approval
China’s Troubled Shadow Bank Zhongzhi Warns of Insolvency
One of China’s largest shadow banks warned it’s “severely insolvent,” with a debt pile more than two times higher than assets, according to a letter seen by Bloomberg News.Most Read from …
China Parliament Pressures Banks To Step Up Property Finance
China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure completion of housing projects, members of the country’s top lawmaking body said.
Honor makes moves towards IPO
Honor reportedly indicated it planned to conduct a public listing of shares, a move intended to aid the next stage of its development.
China views the world through a ‘warped prism,’ similarly to Putin: Dan Hoffman
Former CIA station Chief Dan Hoffman joins ‘Mornings with Maria’ to discuss the latest news emerging from the Israel-Hamas war as the U.S. starts to push back on Iranian proxy forces in Iraq.
Ex-Huawei handset maker Honor prepares IPO
Handset maker Honor is preparing for an initial public offering, the company said on Wednesday, three years after it was sold by U.S. sanctions-hit Huawei Technologies. Honor did not specify a time …
Missouri pension board rejects push by Treasurer Vivek Malek to divest from China
Missouri State Treasurer Vivek Malek called on the State Employees Retirement System to sell off its investments in Chinese stocks and other securities as punishment for COVID-19, spy balloons and the …
Who’s on China’s new Central Financial Commission, and what will the Communist Party watchdog do?
The Central Financial Commission, a new party organ overseeing China’s vast financial holdings, convened a meeting chaired by Premier Li Qiang Other high-level officials sit on the commission and …
China and Uruguay upgrade ties as leaders meet in Beijing
China upgraded diplomatic ties with Uruguay on Wednesday, state media reported, as President Xi Jinping met counterpart Luis Lacalle Pou in Beijing. China is Uruguay’s largest trading partner, in line …
Satellite Photos Reveal China’s New Aircraft Carrier Getting Ready for Sea
The new warship, which China has designated a Type 003, appeared to move from the quayside of a Shanghai shipyard on November 19, suggesting preparations for its maiden sea trials, according to H.I.
China, Uruguay upgrade bilateral ties in boon for ambitious South American nation
China and Uruguay on Wednesday upgraded their bilateral ties, setting the stage for further trade and investment, as the tiny neighbour of Argentina and Brazil seeks to strike deals abroad that it …
In Israel-Hamas war, China and India walk opposite sides of a fine line
As India and China seek greater influence on the global stage, the Israel-Hamas war is testing their diplomatic prowess.
Mystery child pneumonia outbreak reported in China hospitals
Chinese hospitals have been “overwhelmed with sick children” as an outbreak of pneumonia escalates in cities across the country, including Beijing, according to reports. ProMed – a large, publicly …