BEIJING (AP) — A former chairman of Bank of China Ltd., one of the country’s four major state-owned lenders, is under investigation by the ruling Communist Party’s anti-corruption agency, state TV …
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Former Bank of China chairman investigated by graft agency
Asia infrastructure bank says it won’t get distracted by geopolitics
The Asian Infrastructure Investment Bank (AIIB) will stick to its mandate as an apolitical multilateral lender and won’t get dragged into political disputes, even as multilateralism is severely tested …
Global Banking Woes Put Spotlight on China Regional Lenders
A global banking crisis has put China’s struggling regional lenders under new scrutiny following a sharp slowdown in the economy. But recent moves from Beijing should give investors some comfort.
Japan to restrict semiconductor equipment exports as China chip war intensifies
Japan has avoided any formal public reference to that agreement, as geopolitical tensions and US-China decoupling have raised pressure on Japanese companies to work out a strategy …
In Beijing, Spanish PM urges Xi to speak with Ukraine’s Zelenskiy
Spanish Prime Minister Pedro Sanchez encouraged Chinese President Xi Jinping on Friday to talk to the Ukrainian leadership and learn first-hand about Kyiv’s peace formula to help bring an end to …
Zelensky’s Gambit Puts China’s Xi on the Spot
March, before Xi traveled to Moscow for his first meeting of the year with Putin, a Wall Street Journal report said the Chinese leader was likely to finally speak with Zelensky thereafter. Two weeks later,
China Mobile becomes second largest domestic shareholder of PSBC
People visit the booth of China Mobile at the 2022 Global Industrial Internet Conference in Shenyang, Liaoning province, on Nov 7, 2022. [Photo/VCG] China Mobile, the nation’s dominant mobile carrier, …
Japan restricts chipmaking equipment exports as it aligns with US China curbs
Japan said on Friday it will restrict exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a U.S. push to curb China’s ability to make advanced …
US-China chip war: Japan plans to restrict some equipment exports
The policy will be subject to public comment, with plans to implement it in July. Japanese trade minister Yasutoshi Nishimura told reporters that the move was not coordinated with US restrictions. “If …
Car Brands Ask for 12-Month Grace Period Ahead of China’s Strictest Emission Rules
Chinese automobile manufacturers are asking for six to 12 months of extra time to sell millions of cars before they are turned unmarketable by the strictest emission standards ever in July. Car …
Global finance CEOs make first post-COVID visits to China
A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President …
China Willing to Import More High-quality Products From Spain – Xi
BEIJING, March 31 (Reuters) – China is willing to import more high-quality products from Spain, President Xi Jinping told Spanish Prime Minister Pedro Sanchez, Chinese state TV reported on Friday.
China’s chip industry will be ‘reborn’ under U.S. sanctions, Huawei says, confirming breakthrough
China’s chip industry will be “reborn” as a result of U.S … but added those tools will “mean very little” for the Huawei business. It only means that Chinese firms have the design tools required…