China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring the government’s increased focus on national security and …
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China’s Xi vows intensified crackdown on corruption
Chinese President Xi Jinping has vowed to step up a crackdown on corruption in key sectors, including finance, energy and infrastructure, state media reported. Mr. Xi, who began his second decade as …
Why is a unified national market now so vital for Beijing’s policymakers?
Sally Liang, who owns several restaurants in Zhejiang province, was drawn by the market size of the southern megacity of Shenzhen – but before long she found the challenges of setting up shop there …
China’s invasion of Taiwan could cost global economy $10 trillion – Bloomberg
China’s military invasion of Taiwan will cost the global economy $10 trillion. This corresponds to about 10% of global GDP, dwarfing the impact of Russia’s war against Ukraine, the COVID pandemic, and …
Xi Jinping tells China’s corruption hunters to show no mercy in ‘severe and complex’ battle
As the anti-corruption campaign enters its 11th year, the Chinese leader calls for ‘heavier punishments’ and a focus on ‘high-risk’ areas.
China’s central bank eyes reserve ratio cut to boost lending; hints at more policy easing
Zou said that the central bank will also strengthen its counter-cyclical and cross-cycle policy adjustments to create favorable financial conditions for the country’s economic growth.
China’s Xi Vows to Squash ‘Flies and Ants’ in Business Corruption Crackdown
China’s powerful leader vowed to tackle graft in ‘power-concentrated, capital-intensive and resource-rich sectors’ …
Nvidia is working on its approach to China, the world’s second-largest economy, as it tries to comply with Biden’s chip export controls
Nvidia is working on its approach to China, the world’s second-largest economy, as it tries to comply with Biden’s chip export controls …
Xi tells China’s corruption hunters to show no mercy in ‘severe and complex’ battle
As the anti-corruption campaign enters its 11th year, the Chinese leader calls for ‘heavier punishments’ and a focus on ‘high-risk’ areas.
China’s Dec New Yuan Loans Seen Higher, Hitting Record in 2023: Reuters Poll
Chinese banks are estimated to have issued 1.40 trillion yuan ($195.55 billion) in net new yuan loans last month, up from 1.09 trillion yuan in November though roughly in line with year-ago levels, …
China’s Dec new yuan loans seen higher, hitting record in 2023
New bank loans in China likely rose in December, bringing 2023 lending to a new record high, a Reuters poll showed, as the central bank keeps policy accommodative to support a shaky economic recovery.
China cuts tariffs on 143 Argentine agricultural and industrial products amid tense bilateral ties
Beijing says wide-ranging reductions applicable to items ranging from sweetcorn to plywood meant to help global and domestic markets.
FirstFT: China detains executive of Evergrande’s electric car unit
Also in today’s newsletter, Boeing and supplier shares tumble and Beijing acts to ease fears of another crackdown on video games …