The top Chinese prosecutor said on Wednesday that Sun Deshun, former president of China’s Citic Bank Corp Ltd, had been arrested on a charge of corruption. ( read original story …)
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Beijing offers help to tackle health crisis
Many countries benefit from Chinese expertise and medical supplies Chinese ambassador to Russia Zhang Hanhui poses with a Chinese medical team in Moscow on Saturday. REN QI / CHINA DAILY A special … ( read…
China’s Gansu Provincial Govt to Inject Capital Into Bank of Gansu: Caixin
BEIJING — China’s Gansu provincial government will inject capital into Bank of Gansu (2139.HK) with support from the central bank’s special loans, the financial news outlet Caixin reported on Friday, … ( read original story…
Asia virus latest: China imported cases rise, World Bank warning
China recorded its highest daily toll of imported virus cases, confirming 97 new infections. The World Bank said South Asia is on course for its worst economic performance in 40 years because of … (…
Australia shares end at 1-month high on China trade data
Australian shares closed at a one-month high on Tuesday, as better-than-expected data from its biggest trading partner China outweighed fears over the deepening economic impact from the coronavirus … ( read original story …)
China Central Bank Raises Stake in India’s Mortgage Lender
The People’ has raised its stake in Housing Development Finance Corp. to just over 1%. China’s central bank held about 17.5 million shares at the end of March, according to quarterly data filed by ……
China Weighs Merging Its Biggest Brokers to Take on Wall Street
China has started the process of potentially merging its two biggest brokerage firms to create a company that can better compete with the global investment banks as the country opens up its financial … (…
Hong Kong shares end higher as China trade data lifts sentiment
HSI financial sector sub-index is 0.6% higher; property sector up 1.1% April 14 (Reuters) – Hong Kong shares closed higher on Tuesday after China reported smaller-than-expected contractions in imports … ( read original story …)
China’s exports fall in March as pandemic hits world markets
China’s exports fell in March but at slower pace than the 17% contraction seen in January-February as the coronavirus shutdown paralyzed much business activity. Exports … ( read original story …)
Asian Shares Rise, China’s March Trade Data Show Improvement
Asian shares rose Tuesday although investors were braced for sobering news about how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the driver of growth for the … ( read original…
China in the driver’s seat amid calls for Africa debt relief
Support is growing for debt relief to help the world’s poorest, indebted nations – most of them in Africa – confront the economic havoc wreaked by COVID-19. A two-decade lending spree has propelled … (…
China, Hong Kong stocks rise on better-than-expected trade data
China and Hong Kong stocks gained on Tuesday, after the world’s second-largest economy posted better-than-expected trade data despite the coronavirus outbreak. ** China’s exports fell 6.6% in March … ( read original story …)
China blames Canada for difficulties in relationship, demands Huawei exec be freed
OTTAWA (Reuters) – China’s embassy in Canada said on Thursday that bilateral ties were suffering “gross difficulties,” and demanded Ottawa free Huawei Technologies Co Ltd Chief Financial … ( read original story …)
