A spokesperson for the Estonian intelligence agency pointed to irregularities in Touchstone’s financial history and warned that China “uses these investments as a lever for steering other countries’ …
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China-US relations: Biden’s jobs plan proves great economies think alike in a crisis
When the Biden administration unveiled a US$2.3 trillion infrastructure plan on Wednesday, some economists could hardly ignore its similarities with China’s economic stimulus therapy. “It’s a …
WHO Chief blames China for not sharing data on the origins of Covid-19 virus: Need to impose financial penalty
World Health Organisation chief Tedros Adhanom Ghebreyesus accused China of not sharing the proper data with the researchers appointed by the WHO to look into the origins of the Covid-19 pandemic. “In …
Postal Savings Bank of China net profit up 5.38 pct in 2020
BEIJING, April 3 (Xinhua) — The Postal Savings Bank of China, one of the country’s state-owned banks, saw its net profit up 5.38 percent year on year in 2020. The lender raked in 64.32 billion…
What is green finance, and why is it important to China’s carbon neutral goal?
Green finance can play two important roles in this transition. First, green finance mobilises and channels money into the low-carbon economic transition, particularly in green technologies and the …
China, Hong Kong begin testing digital yuan as Beijing ramps up research into cross-border use
China is a world leader in the development of a central bank digital currency (CBDC), with 200 million yuan (US$30.4 million) already distributed in pilot projects across the country, including in …
China says H&M changed online map after criticism
Chinese regulators say H&M has agreed to change a “problematic map” online following government criticism, adding to pressure on the Swedish retailer amid a conflict with Western governments over Chin …
More than half of Canadians support Beijing Olympics boycott, survey shows
More than half of Canadians oppose participation in the 2022 Winter Olympic Games in Beijing, according to a recent survey, underscoring the negative public opinion in the country toward China …
China Isn’t the Problem, Neoliberalism Is
The ascendance of Wall Street, and of a managerial bureaucracy (PMC) more generally, largely explains the political realignments that have been playing out in the U.S. Beginning in the 1970s, the …
Xinjiang patisserie chain Chanson plans to raise US$22 million on Nasdaq to finance its expansion in the United States
following a ban by the US government in January over claims of human rights violations by Beijing against ethnic Uygurs in the northwest region of China. READ FULL ARTICLE “We have been subject to …
Why China’s inclusion in the FTSE Russell index matters
Editor’s note: Matteo Giovannini is a finance professional at the Industrial and Commercial Bank of China in Beijing and a member of the China Task Force at the Italian Ministry of Economic …
Aluminum of China Stock Appears To Be Fairly Valued
The stock of Aluminum of China (NYSE:ACH, 30-year Financials) appears to be fairly valued, according to GuruFocus Value calculation.
Analysis: In China’s small cities, home buyers suffer as debt-ridden developers fail to finish projects
In Zhuozhou, a small city in China’s north, Zhu has stopped making mortgage payments on her apartment after its developer did not build a promised rail line that would have allowed residents to …
