China doesn’t fool around when it comes to financial regulation. On January 5, a Chinese court sentenced a senior finance industry executive to death. He was guilty – in the words of the court –of…
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Why China plans to tax the booming digital economy
Now that digital commerce accounts for more than a third of its economy, China is looking for ways to more effectively tax domestic e-commerce titans like Alibaba, Tencent and Didi Chuxing. It’s a … (…
Shares climb on China’s economic recovery, with earnings in focus
Asian shares climbed on Tuesday as investors wagered China’s economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to recovery in the … ( read original…
China-EU deal boosts Beijing’s goals to stay in global tech scene but rely on the U.S. less, professor says
Experts have said that tension between the U.S. and China fosters disconnect between the technology development in both countries. ( read original story …)
China seen keeping lending benchmark unchanged for 9th month in January
China’s benchmark lending rate is likely to remain unchanged at the first monthly fixing of the year on Wednesday, steady for the ninth straight month, as the economy recovers from the coronavirus … ( read…
China’s Market Regulator Approves Cisco Buy of Acacia, With Some Curbs
China’s market regulator said on Tuesday it has approved plans for Cisco Systems Inc’s. purchase of Acacia Communications Inc, as long as both comply with a set of conditions. (Reporting by Josh … ( read…
China Top Financial Watchdog Blasts ‘State Monopoly’ Accusation
China’s top financial regulator dismissed claims the nation is distorting its economy through “state monopoly capitalism” as pressure grows on China to align more with global trade rules. ( read original story …)
China is the world’s economic powerhouse
China is the world’s economic powerhouse with its gross domestic product increasing 6.5 per cent year on year in the fourth quarter of 2020 in contrast to all other major economies … ( read original…
Asia shares look to China for recovery lead, earnings in focus
Asian share markets edged ahead on Tuesday as investors wagered China’s economic strength would help underpin growth in the region, even as pandemic lockdowns threatened to lengthen the road to … ( read original story…
Foreigners poured money into China as the world struggled with the coronavirus pandemic
In the capital city of Beijing, foreign investors claimed more than a third of commercial real estate deals last year, property manager JLL said Thursday. ( read original story …)
China takes victory lap over economic recovery to pre-coronavirus pandemic growth rates
The Chinese economy officially grew by 2.3 per cent in 2020, but some analysts point to unsustainable nature of China’s dramatic rebound. ( read original story …)
China takes victory lap over economic recovery, but critics find cracks in success story
The Chinese economy officially grew by 2.3 per cent in 2020, but some analysts point to unsustainable nature of China’s dramatic rebound. ( read original story …)
Soldiers Patrol Around China’s Central Bank in Beijing, China
Chinese soldiers order a photographer to keep moving past the People’s Bank of China, the country’s central bank, in Beijing on Monday, January 18, 2021. The world’s second largest economy grew 2.3% … ( read…