Amid China’s continuous crackdown on press freedom, observers worry the trend is transforming China into a society without accountability.
Tagged By banking
Beijing tells Evergrande boss to pay company’s debts with his own money: report
Chinese authorities have told Evergrande founder Xu Jiayin, once the country’s richest man, to use his personal wealth to alleviate the embattled company’s debt crisis, according to media reports. The …
Water tycoon is China’s richest as wealth crackdown batters Jack Ma
Bottled-water tycoon Zhong Shanshan has become China’s wealthiest person, according to an annual ranking released Wednesday, as a government campaign to rein in the super-rich took a big bite out of …
China Could Build New Coal Plants Overseas Even After Xi Pledge
Most Read from BloombergA Deep Dive Into Squid Game’s World of InequalityHamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaOne of California’s Wealthiest Counties Could Run Out of Water N …
Bottled water, vaccines and electric vehicles propel China’s biggest earners
Bottled water, vaccine development, short video platform TikTok and electric vehicle technology propelled the big earners on China’s rich list this year, as embattled property moguls and others facing …
China’s fiscal revenue stands at USD 2.56T in 9 months
According to reports by state-owned news outlet Xinhua, China’s fiscal revenue increased up to 16.3 percent in the period of January-September of the …
AIIB eyes $50 billion for climate finance
The (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments. Currently, the China-led AIIB estimated its …
China power generators’ profits tumble on record coal prices
Earnings for China’s power utilities during the first three quarters of 2021 have plunged as the companies were squeezed by surging coal costs that they could not pass on to consumers. Huadian Power …
China tech stocks rebound on hopes regulatory ‘peak’ has been hit
Equity benchmarks tracking the biggest names in China’s internet sector have notched double-digit gains since hitting lows in early October.
China Industrial Profit Growth Accelerates in Sept Despite Cost Pressures
Profits at China’s industrial firms rose at a faster pace in September despite surging prices and supply bottlenecks, thanks mainly to stellar growth in mining and raw materials industries although …
Xi’s Toughest ‘Common Prosperity’ Test Is Raising China’s Taxes
As part of the “ common prosperity ” campaign, which seeks to promote economic equality and narrow China’s wealth gap, the government announced that it will initiate a series of local property tax …
China will honour its climate pledges – look at the changes we have already made
Cop26 is a chance for developed countries to take the lead in cutting emissions and making good on financial promises, says Zheng Zeguang, Chinese ambassador to the UK …
China Urges Hui to Tap Wealth; Firms to Repay: Evergrande Update
China has urged companies to make payments on their offshore bonds, and asked China Evergrande Group’s billionaire founder Hui Ka Yan to tap his personal wealth to help solve the company’s deepening …
ADVERTISEMENT
