It is the first time Beijing has officially confirmed the establishment of a dedicated disciplinary body to crack down on corruption in China’s vast financial sector, having been listed as the first priority on the…
Tagged By beijing
Column – China’s rate cuts fail to revive iron ore and copper: Russell
China’s first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum reaction from the commodities that usually would be expected to be the biggest beneficiaries.The …
China firms issue record $14 billion convertible bonds as market revives
China’s top companies have raised a record $14 billion in offshore convertible bonds so far this year as they diversify future funding needs while interest rates stay high. Offshore convertible bonds …
China’s leaders have floated the idea of raising the retirement age. It hasn’t gone down well
Chinese social media reacted angrily to changes to the retirement age, with many expressing their discontent over the prospect of delayed access to their pensions. Younger people also complained that …
Solomon Islands and Vanuatu PMs visit Beijing amid escalating Pacific tensions
Intensifying diplomatic manoeuvring involving strategically placed Pacific states portends vast preparations for looming wars and police-state repression across the region.
As Beijing quietly heads into economic oblivion while Washington lights up, expect tougher times ahead
Australia has done exceptionally well riding the boom in the Chinese economy. But the political and economic uncertainty surrounding the world’s two biggest economies — the US and China — points to tougher times ahead.
China’s improving hydro power generation spells bad news for coal imports, says SSY
Stevenson added that while there are other important drivers of import activity, notably increases in industrial demand and higher stockpiling targets, the continued recovery in Chinese hydro suggests …
China’s loan collateral tweak will ease ‘asset famine’, state media says
China’s central bank’s decision to lower the collateral requirement for medium-term loans will alleviate the “asset famine” pressure on the bond market, state media reported on Tuesday, citing a …
Drug giants eye China for deals despite growing Sino-US tensions
Some of the biggest global drugmakers, undeterred by mounting Sino-U.S. tensions, are scouring for deals in China to replenish drug pipelines and boost their presence in the world’s second-biggest …
China Focuses on Kamala Harris’ Weaknesses After Biden Exits
China officially avoided commenting on Kamala Harris’ late entry into the US presidential race. But state-backed news outlets and social-media users cast her as a weak vice president whose candidacy …
China’s richest man risks losing crown after $17.5 billion wipeout
SHANGHAI – China’s richest man is at risk of losing the pole position he’s held for almost three years, with his wealth slipping the most among billionaires around the world as intensifying …
China Focuses on Kamala Harris’s Weaknesses After Biden Exits
China officially avoided commenting on Kamala Harris’ late entry into the US presidential race. But state-backed news outlets and social-media users cast her as a weak vice president whose candidacy didn’t present a major threat…
Rescuers search for dozens missing after flooding and a bridge collapse in China kill at least 25
Rescuers are searching for dozens missing after heavy rains caused flash flooding and a bridge collapse in different parts of China, killing at least 25 people.
