China’s Vice Premier He Lifeng expressed “solemn concerns” over U.S. tariffs and planned “reciprocal” duties in a video call with U.S. top trade chief Jamieson Greer on Wednesday, Chinese state media …
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China’s developers start to climb out of their self-dug hole
But while Sunac’s restructuring is both slow and painful, there are signs that its market is improving. Home sales in China are stabilising, with secondary sales making up a greater share of activity.
GCL Energy Technology co-develops China’s first technical standard for real-world asset tokenization
GCL Energy Technology Co Ltd has spearheaded the development of China’s inaugural technical standard for blockchain-based real-world asset (RWA) tokenization, which was recently approved by the China …
Pillsbury Secures IPO Specialist Samuel Ng From China’s DeHeng
This move will reunite Ng with Jia Yan, co-leader of Pillsbury’s China practice, with whom he previously worked at U.S. firm Paul Hastings.
How UAE AI firm’s past China links stalled this US chipmaker’s IPO
Cerebras Systems executives had been hoping that the Trump administration would fast-track the national security review that has left the chipmaker’s initial public offering in limbo for five months, …
China’s CITIC Securities 2024 profit rises 10%
China’s biggest brokerage CITIC Securities Co reported a 10% rise in net profit last year, according to a filing on Wednesday. Profit was 21.704 billion yuan last year，compared to 19.721 billion yuan …
Bank of China’s 2024 profit beat forecasts, while margin pressure persists
Bank of China beat forecasts on Wednesday with a 2.6% rise in 2024 net profit, thanks to growth in trading gains and falling impairment losses, though asset quality and margin pressures persist.
China to help major cities attract foreign visitors and shoppers
China will help Beijing, Shanghai, Guangzhou and other cities to bring in more foreign flights, visitors and shoppers, new measures released by the government on Wednesday showed.
Trump team’s Signal snafu sparks debate over secure comms: ‘Russia and China are listening’
Experts weigh concerns over whether Signal can be hacked after it was revealed government officials used the encrypted platform to communicate defense information.
China woman changes locks on 80 flats, sells them to defraud friends out of US$3.3 million
While husband lives frugally to pay off debt, wife lavishly gifts live-streamer lover with extravagant items and properties A woman in China orchestrated a scheme in which she changed the locks on 80 …
Trump Takes Tough New Approach to Choking Off China’s Access to U.S. Tech
The move is the clearest signal yet that the Trump administration intends to further limit what kind of American technology Chinese companies can buy.
Bank of China says pressure on asset quality persists
Bank of China’s vice president said on Wednesday that the bank’s asset quality is still under pressure, as bad loans from personal business loans and mortgages grew.
Bank of China’s 2024 profit rises 2.6%
Bank of China beat forecasts on Wednesday with a 2.6% rise in 2024 net profit, according to a filing. Profit climbed to 237.84 billion yuan ($32.74 billion) from 231.90 billion yuan in 2023, the bank…
