As Beijing moves to defuse a demographic time bomb, the finances of some older Americans have already blown up.
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China belt and road ‘not ideological’ foreign minister tells conference
China’s Belt and Road Initiative has no strings attached and is open to all, said Foreign Minister Wang Yi, in a subtle dig at the US plan to form an alternative infrastructure funding programme based…
Top MBA Jobs In Finance: Senior Associate, Venture Capital
Ruisha Yuan works at a venture capital fund in China, among the top MBA jobs in finance. Here’s how his MBA helped him secure a job investing in China’s next unicorn startups …
China’s central bank issues 5 bln yuan of bills in Hong Kong
China’s central bank issued 5 billion yuan (about 771.32 million U.S. dollars) worth of bills in Hong Kong on Thursday. The bills will mature in six months, with the interest rates standing at 2.54 …
China’s Debt Reckoning Hammers ‘Too Big to Fail’ Borrowers
Concern over the scale of China’s resulting debt mountain and the possibility of a “Minsky moment” prompted Xi to launch a deleveraging campaign in 2017, before shelving it during the trade war with …
China Says It Will Take Necessary Measures to Safeguard Chinese Firms’ Interests
China said on Thursday that it would take all necessary measures to safeguard legitimate interests of Chinese companies after the United States blacklisted five Chinese firms over alleged human rights …
China’s central bank conducts 30 bln yuan of reverse repos
China’s central bank Thursday conducted 30 billion yuan (4.63 billion U.S. dollars) of reverse repos to maintain reasonably ample liquidity in the banking system. The interest rate for the seven-day …
The scrappy Hong Kong tabloid that refused to bow to Beijing
The last edition of the Apple Daily, the small scrappy Hong Kong tabloid that emerged as a champion of democracy and outspoken critic of China, has rolled off the presses, four days after the …
China urges banks, Alipay to crack down harder on cryptocurrencies
China’s central bank said on Monday it had recently summoned some banks and payment firms, including China Construction Bank (601939.SS) and Alipay, urging them to crack down harder on cryptocurrency …
Pacific Islands fear fallout as US and China jostle for geopolitical influence in region
Analysts say they could also leverage the interests of external powers to drive their own security agenda, especially if they remain united.
How China’s Tech Crackdown Benefits A-Shares
China’s recent crackdown on tech has created an unintended gap between onshore and offshore Chinese companies, with offshore firms being hit hard by new regulations, according to the Wall Street …
Corruption parade at China Development Bank gets longer
Zhang Liwu, a former official at the China Development Bank (CDB), was expelled from the Communist Party on corruption allegations in a series of graft probes that have rattled the nation’s biggest …
China Jan-May State-Owned Firms’ Profits up 170% Y/y – Finance Ministry
Profits at China’s state-owned enterprises rose 170% to 1.79 trillion yuan ($276.18 billion) in the first five months of the year versus the same period a year prior, the ministry of finance said on …
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