Analysts are investigating the mechanics of how criminals hide their proceeds as Asia’s online gambling and scam industries grow more sophisticated Through blockchain transactions, investigators have …
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Intrigue swirls about possible reshuffles as China’s parliament convenes
That is because Xi’s third term as China’s leader has been characterised by a focus on national security, even at the expense of economic growth or business confidence. Underlining this, on 27 …
UPDATE 1-IM Motors raises $1.1 bln in one of China EV brands’ biggest recent deals
(Adds context on major deals in China’s EV sector in paragraph 2) BEIJING, March 1 (Reuters) – IM Motors, a premium electric vehicle brand of state-owned Chinese automaker SAIC , said on Friday it has…
Joe Biden got $40K from China funds, brother James admits in bombshell impeachment interview
First brother James Biden confirmed during his impeachment inquiry testimony that a $40,000 check made out to former Vice President Joe Biden in 2017 used funds James received from a Chinese …
Why these 27 Western brands are abandoning China
Stanley Black & Decker opened a brand new 425,000-square-foot, $90 million (£68.5m) factory in Fort Worth, Texas in 2021. As relations between the US and China worsened, and the trade conflict …
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Chinese Vice President Han Zheng pledged Friday to provide more opportunities for foreign companies in China as the government tries to restore confidence in the world’s second largest economy.Han …
China Market Update: Meituan Runs Over Shorts As Investors Call For The Policy Support Cavalry, Week In Review
Despite US-listed China stocks’ lackluster day yesterday, Hong Kong had a great day, led by the most heavily traded stocks Meituan, which gained +10.78% after exiting their Groupon GRPN-like group …
China still a priority destination for foreign investment
Photo/VCG] China will remain a key growth engine for the world economy as well as a valuable destination for foreign direct investment, thanks to th …
Is the United States overestimating China’s power?
China may well be the “pacing challenge” that many in the … Dan Murphy is the executive director of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School.
China’s amended criminal law strengthens punishment for bribers, graft in private firms
An amendment to China’s criminal law, which strengthens criminal penalties for offering bribes and corruption in private firms, took effect on Friday. Amendment XII to the Criminal Law adds seven …
Panda diplomacy: China woos tech industry by sending bears to California
A deal between the San Diego Zoo and China’s Wildlife Conservation Association paves the way for giant pandas to return to the U.S., suggesting a warming of relations and a bid by China to help…
New Executive Order to Block Businesses From Transferring Data to China and Other Countries of Concern – 4 Steps to Comply
China’s Personal Information Protection Law significantly … better question is how or how much an industry will be affected. At a general level, every business that operates a website needs to take …
China dethroned as US’ top source of imports, Wang and Blinken meet in Munich, hope for AI talks: 7 reads about US-China relations
From top-level meetings and a century-old trade rule to AI discussions and a shock investment discovery by the House, here are a few highlights from the SCMP’s US-based correspondents in February 2024 …
