PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an …
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US Nuclear Submarine Surfaces in China’s Backyard
The U.S. Navy currently has about 9,900 VLS cells spread across its fleet, while the Chinese navy has around 4,200, according to a report published last month by the Center for Strategic and …
Chinese state-owned brokerage to ramp up investment banking business in Southeast Asia
A unit of state-owned brokerage China Galaxy Securities (CGS) plans to expand its investment banking team in Southeast Asia to 50 people next year from 30 now, a senior executive said, betting on a …
Experts worry that a U.S.-China cold war could turn hot: ‘Everyone’s waiting for the shoe to drop in Asia’
They also worry that China may quickly erode the U.S.’s technological advantage and Washington’s global influence. Many of China’s trading partners are in the “middle powers group: The Brazils and …
Two Saudi ETFs debut on Shanghai, Shenzhen Exchanges
Two ETFs that track Saudi stocks were launched today on the Shanghai and Shenzhen Stock Exchanges in China, as the two funds will make it easier for m …
Housing, once the ticket to wealth in China, is now draining fortunes
Communist Party officials are meeting this week to try to stabilize the slowing Chinese economy. But they’re not tackling the biggest problem: the property crisis.
For global investors, China is a slow-burning trade
For global investors with money in China’s stock markets, the latest economic numbers are not of any comfort and just a reminder that the recovery they are betting on will take a while to happen.
Hong Kong Employees at China Financial Firms Face Pay Clawbacks
Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay, extending President Xi Jinping’s “common prosperity” campaign to the offshore business hub.
Tiger testicles and mythical banquets: What China’s emperors inside Beijing’s secretive Forbidden City really ate
It’s been a century since China’s last emperor was evicted from Beijing’s Forbidden City. A historian with rare access to the palace’s sealed archives lifts the lid on some of its culinary mysteries.
Taiwan’s Blunt-Talking Leader Faces China’s Backlash
China is putting more military and political pressure on Taiwan and its new president, whose rhetoric has been sharper than his predecessor’s.
T-shirts with image of Trump raising his fist after assassination attempt are for sale in China
Images of the moment have already been splashed across the world’s front pages and papered many corners of the internet.
Luxury brands roll out huge discounts as Chinese rein in spending
The sales are being offered primarily by aspirational brands such as Versace and Burberry, as China’s once-voracious middle-class consumers become more frugal.
Cartier Owner Richemont Posts Slight Sales Drop Amid Sluggish Demand in China
Cartier owner Richemont met analysts’ sales estimates for its fiscal first quarter as demand slowed for luxury goods, particularly in China.
