The Conglomerate That Troubles China

On a sweltering July afternoon in Beijing, two Bloomberg staffers set out to find Guan, who until recently controlled a stake in airlines-to-finance conglomerate HNA Group Co. that on paper was worth almost $18 billion. The first stop was the headquarters ... ( read original story ...)

As Washington Tries to Protect Tech, China Could Fight Back

Beijing has a strong grip on American technology companies ... Senator Ron Wyden of Oregon, the ranking Democrat on the Senate Finance Committee, which handles trade issues, met with Mr. Lighthizer Wednesday morning and gave him a letter supporting ... ( read original story ...)

Distractions over, Beijing revives its global currency ambitions

according to the Society for Worldwide Interbank Financial Telecommunication (SWIFT). Time right to loosen controls on yuan-dollar exchange rate, says China state-run paper Gavekal Research chief executive Louis-Vincent Gave said Beijing’s push to make ... ( read original story ...)

China central bank finds 40 banks in violation of rules

BEIJING: China’s central bank has found 40 banks in violation of interbank account regulations and have ordered them to rectify the problem within three to six months, financial magazine Caixin reported on yesterday, citing a document. Large state-owned ... ( read original story ...)

M&A Bankers Miss Two Chinese Banquets

Citigroup Inc. and Bank of America Corp.'s Merrill Lynch unit -- also in the ... You only have to look across the water to Macau to see that Beijing's crackdowns often have a short shelf-life, so it's quite possible the dealmaking party will kick off ... ( read original story ...)