China last year attracted 520.6 billion US dollars of foreign … and high-level opening up of the financial market.
Tagged By banking
Freezing of bank accounts amounts to harassment, says Chinese firm ByteDance
An Indian tax intelligence unit in mid-March ordered HSBC and Citibank in Mumbai to freeze bank accounts of ByteDance India as it probed some of the unit`s financial dealings. ByteDance has challenged …
ByteDance says India’s freeze on bank accounts is harassment: Court filing
Beijing has repeatedly criticised India over that ban and those of other Chinese apps. An Indian tax intelligence unit in mid-March ordered HSBC and Citibank in Mumbai to freeze bank accounts of …
ByteDance terms govt freeze on Indian bank accounts as harassment
China’s ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing seen by…
China says it has busted the world’s biggest video game cheating ring
It was Game Over for what Chinese authorities say was the world’s biggest gang of video game hackers. Ten people were arrested for selling cheating software for bestselling games, including Call …
Angry Birds mogul aims to tunnel through Baltic anti-China sentiment
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’ …
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 …
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