Chinese authorities charged Tian Huiyu, the former president of China Merchants Bank Co., over suspected violations including taking bribes and insider trading, after an almost one-year long …
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Former president of China Merchants Bank charged with bribery: Chinese prosecutor
BEIJING: Tian Huiyu, a former president of China Merchants Bank, was charged for suspected bribery and insider trading, China’s top prosecutor said on Tuesday (Feb 28). Tian, also the bank’s former …
The Cashless Revolution: China’s Reinvention of Money and the End of America’s Domination of Finance and Technology
Chorzempa charts the rise and fall of economic reformers in the Chinese Communist Party through the lens of financial technology … Chorzempa suggests that China’s commitment to issuing a central …
Finance minister urges close attention to China’s reopening
South Korea’s chief economic policymaker on Tuesday called for more attention to the reopening of the Chinese economy in order to address the prolonged downturn in the country’s outbound shipments. At …
Ukraine war, US-China tensions to dominate G20 foreign ministers meet
Foreign ministers from around the world meet in New Delhi this week in the shadow of Russia’s war in Ukraine and spiralling U.S.-China tensions, with host India hoping that issues like climate change …
China’s Growing Local Debt Means Less Money to Support Economy
When China’s leaders gather in Beijing for the annual parliament … That’s the threshold set by the Ministry of Finance to indicate disproportionately high debt risks.
US must push China to be honest about COVID origins, US envoy says
U.S. Ambassador to China Nicholas Burns attends the World Peace Forum at Tsinghua University in Beijing, China July 4, 2022. REUTERS/Yew Lun Tian …
China unleashes massive coal power expansion despite John Kerry’s climate pleas
Kerry added that the human and financial costs “will be catastrophic” if nations don’t put aside differences and address climate change. And while China has pushed forward with fossil fuel power …
China Renaissance Confirms Missing Financier Is Part of Investigation
Top tech financier Bao Fan has been missing for over 10 days, with the company he founded confirming he’s been detained for questioning.
China Won’t Be Happy As Race To 150 Yen Resumes
Bank of Japan Governor nominee Kazuo Ueda signaled he may keep Tokyo’s printing presses on the “high” setting indefinitely. This could signal that the Japanese currency may resume its test of the 150 …
Beijing’s China Renaissance said missing chairman assisting PRC authorities
Bao Fan was first reported missing on 16 February. China Renaissance, a Beijing-headquartered boutique bank, said that its missing chairman Bao Fan is cooperating in an investigation being carried out …
China banking tycoon Bao Fan ‘cooperating with investigation’
Chinese billionaire Bao Fan is “cooperating in an investigation” by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation’s …
China Renaissance says its missing founder Bao Fan is cooperating with a government probe
Missing Chinese investment banker Bao Fan is cooperating with a government investigation, his firm China Renaissance said in a filing Sunday.