China has detained a suspect who is accused of collecting state secrets on behalf of Britain’s secret intelligence service MI6 since 2015, officials say.
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Can China restrain Iran? Gulf states test Beijing’s influence
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China detains suspect accused of spying for Britain’s secret intelligence service
Exclusive-China closes local government offshore financing loophole -sources
SHANGHAI (Reuters) -Chinese regulators have closed a regulatory loophole that last year allowed heavily indebted local government financing vehicles (LGFVs) to further increase their borrowing, four …
China’s forex reserves expected to increase in 2024
The official gold reserves may further increase as the country diversifies reserve assets, said Wang Youxin, a senior researcher at the Bank of China. “The US government debt problem will further …
China’s data authority vows to build more information infrastructure
China must speed up building information infrastructure if the country wants to build a better digital data market, said Liu Liehong, head of China’s National Data Administration (NDA). Liu made the …
U.S.-China Trade Dispute Fades as Chinese Tech Firms Shine at CES 2024
China recorded second place with a close difference, with 1,114 companies (25.8%) participating. Before the spread of COVID-19, China accounted for 35% of all companies participating in CES. However, …
Asia thermal coal imports hit record, but supply keeps prices muted
Asia’s imports of seaborne thermal coal rose to a record high in December as top buyer China sucked up cargoes amid peak winter demand.
Apple’s China headache worsens as iPhone faces double-digit sales slump
Apple isn’t likely to see its iPhone sales recover from a sluggish start, with Jefferies forecasting a significant drop in volumes for 2024.
China says foreign consultancy boss caught spying for U.K.’s MI6 intelligence agency
China’s spy agency says the foreign head of a consultancy entered the country several times with instructions from MI6 “to collect China-related intelligence for Britain.” …
What Xi Jinping’s Purge of Military Elites Means for China
The Chinese military has undergone a dramatic overhaul with the expulsion in late December of nine military officials from the National People’s Congress, the country’s rubber-stamp legislature, according to the official news service Xinhua.
Chinese property firm Evergrande’s EV company says its executive director has been detained
A top executive of China Evergrande’s electric vehicle company has been detained by police in the latest sign of trouble for the world’s most heavily indebted property developer. China Evergrande New Energy Vehicle announced the…
Xi Vows to Deepen China’s Sweeping Anti-Corruption Crackdown
China’s President Xi Jinping pledged to deepen the country’s anti-corruption crackdown, particularly in capital-intensive sectors, and will increase punishment for people who offer bribes.
China slams US chip export control, supressing China’s semiconductor industry
BEIJING — Chinese foreign ministry spokesperson Mao Ning on Monday said the United States has been stepping up control over chip export to China and going after China’s semiconductor industry in the name of national…
Shanghai’s Crytocurrency Tax Guide Fuels China Crypto Ban Relief Rumors
Legal experts refuted the claims of relaxation on the China crypto ban regulations citing that the explainer wasn’t an official document.
