US home rentals firm Airbnb is pulling out of mainland China, home to one of its least profitable markets, citing challenges brought about by the Covid-19 pandemic, it said in a note posted on its…
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The Liberty TImes Editorial: US clarifies stance on ‘one China’
On May 5, the US Department of State made major changes to the US-Taiwan relations fact sheet on its Web site. It removed statements in the previous text that said it acknowledges Beijing’s “one China…
China Offers 10 Billion Yuan Subsidiary to Grain Growers
China’s central government has made available 10 billion yuan ($1.49 billion) for “one-off” subsidies to support individuals and companies involved in grain cultivation and production, according to a …
UBS cuts China’s GDP growth forecast on COVID restrictions
UBS on Tuesday trimmed its forecast for China’s economic growth this year by 120 basis points to 3%, as strict COVID-19 restrictions hit the country hard. The f …
Investors flood to KWEB as the China tech ETF took in over $500M of inflows last week
Investors piled into purchasing shares of the KraneShares CSI China Internet Fund (KWEB) as the ETF has taken in over $500M last week. Learn more.
China works more closely with Russia than they have ever done before, NATO secretary general says
“China works more closely with Russia than they have ever done … A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, …
Biden says US military would step in if China attacks Taiwan
President Joe Biden said the U.S. military would intervene to defend Taiwan in any attack from China, comments that appeared to break from the long-standing U.S. policy of “strategic ambiguity” …
Snap Warning, Powell Speech, China Stimulus Plan – What’s Moving Markets
Snap snaps the relief rally with a profit warning that sends chills through social media stocks. Chinese markets don’t like the government’s stimulus plans after taking a second look at them. Pandemic …
Full cost of rebuilding Ukraine impossible to quantify, says German finance minister
German Finance Minister Christian Lindner said on Tuesday it was impossible to say how much it would cost to rebuild Ukraine as long as fighting with Russia continues, amid European Union discussions …
ISACA Helps Enterprises Navigate China’s Personal Information Protection Law in New Resource
China’s Personal Information Protection Law (PIPL) recently went into effect, with potential consequences for enterprises around the world. A new complimentary white paper from ISACA, Insights Into …
The evolving dynamics between China and the QUAD
China has seen an exponential rise in the past few decades … Views expressed are personal and do not reflect the official position or policy of Financial Express Online. Reproducing this content …
IT Compliance for Companies in China – Note Key Regulations to Build Up Efficiencies and Secure Your Brand
China has prioritized data protection and cybersecurity, and companies are advised to make appropriate preparations to continue operations in this market.
In clear message to China, Quad opposes ‘any provocative or unilateral attempt’ to change status quo in region
“We underscored unequivocally that the centerpiece of the international order is international law, including the UN Charter, respect for sovereignty and territorial integrity of all states. We also …
