China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY – Get Rating) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totalling 3,500 shares, …
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Biden administration criticizes China for failing to take part in UN food shortage meeting: ‘Not surprising’
The UN, in 2022, has not cataloged any contributions from China to humanitarian aid. Meanwhile, the State Department said the U.S. is also working in a multilateral effort with G7 partners to target …
Coronavirus: Beijing, fighting Omicron, adds identity info to transport passes to speed up checks of Covid-19 status
As it battles an Omicron outbreak, the city of Beijing plans to add identifying information to subway and bus cards by the end of the month, a move designed to speed up mandatory checks of…
China’s anti-graft watchdog investigating former central bank official
China’s top anti-corruption watchdog said on Wednesday (May 18) it is investigating Sun Guofeng, former head of the central bank’s monetary policy department, for suspected serious violations of …
UPDATE 2-China’s anti-graft watchdog investigating former c.bank official Sun
China’s top anti-corruption watchdog said on Wednesday it is investigating Sun Guofeng, former head of the central bank’s monetary policy department, for suspected serious violations of discipline and …
China, U.S. Lead Rise in Global Debt to Record High $305 Trillion – IIF
data from the Institute of International Finance showed on Wednesday. China’s debt increased by $2.5 trillion over the first quarter and the United States added $1.5 trillion, the data showed …
China calls for urgent boost to virus-hit economy
China’s premier called for greater “urgency” in rolling out measures to support the virus-battered economy, state media reported Wednesday, days after data highlighted the stark impact of Covid-19 …
China’s corruption crackdown ensnares high-ranking monetary official Sun Guofeng
Dozens of financial officials have been detained since October, when the party launched a wave of inspections into financial institutions and regulators Sun, who had been with the People’s Bank of …
China Eastern Plane Crash Could Have Been Intentional, U.S. Officials Find: Report
The plane did what it was told to do by someone in the cockpit,” a person with knowledge of the officials’ preliminary findings told The Wall Street Journal.
China reportedly in talks to extend EV production subsidies
China is looking to combat a slowing economy by expanding EV subsidies to keep the domestic market for electrics growing.
Oil prices rise on China demand recovery expectations, supply concerns
Oil prices rose on Wednesday on expectations that easing COVID-19 restrictions in China will boost demand and as supply concerns grew.
What has China done to minimise impact of zero-Covid, and why are global-recession risks rising?
‘Confluence of shocks’ – including Ukraine war, coronavirus outbreaks in China, and the US Fed’s monetary tightening – are raising alarms over global economic growth Beijing had vowed that ‘stability’ …
China Says Senior Central Bank Official Under Investigation
A former senior official from the Chinese central bank is under investigation for “suspected serious violation of laws and disciplines,” the Communist Party’s anti-graft watchdog said.
