Bank of China Ltd, China’s fourth-largest lender by assets, has launched a countrywide exercise to reduce the salary gaps among its employees and mid- and high-level managers in response to Beijing’s …
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China Finance Giant’s Missed Payments Alarm Regulators, Markets
One of China’s largest private wealth managers has triggered fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield investment products.M …
Biden administration restricts American investments in high-tech sectors in China
President Joe Biden has signed an executive order Wednesday that will restrict American investments in certain high-tech sectors in China, including artificial intelligence, semiconductors, and …
Mainland China to hit Taiwan’s polycarbonate imports with anti-dumping measures, claims ‘concrete damage’
China will levy deposits on polycarbonate products imported from Taiwan from Tuesday, with Monday’s announcement coming a day after Taiwanese vice-president William Lai Ching-te stopped in New York.
FTSE 100 Live: China property fears hit shares, Plus500 rallies, YouGov mulls US listing
Concerns over China’s debt-laden property sector today meant a downbeat start to the week for global stock markets.Shares in Country Garden slumped in Hong Kong to a new record low after it suspended …
Mixed Inflation Signals, Treasury Bonds, China’s Economy, Hot Oil, Week Ahead
That one (Thursday) closed on weakness after having created index level highs for the week early on. Truth is, for the S&P 500… the last three sessions sold off hard, rallied only to then sell…
Tesla restarting its price war in China with new cuts, sending the shares of its Warren Buffett-backed competitor down 6%
Tesla is cutting the prices of some of its Model Y cars by just over $1900 as it seeks to juice weak sales in China.
Shenzhen bus explores musical landscape
Designed using Shenzhen local landscape elements, including Phoenix Mountain and Qingping Ancient ruins, the electronic music bus uses fluorescent green and pink to catch the eye. It is equipped with …
China’s Two Climate Directions
China is the world’s biggest polluter. It has the second-largest population on earth, with a growing economy that increasingly demands energy. If China largely fills that demand with coal and other fossil fuels, as it…
China’s Heavy Rains Pose Threat to Global Rice Market
The heavier-than-normal rainfall in China has placed a strain on global rice prices and the grain market in general.
Taiwan will ‘never back down’ to China threats, island’s presidential hopeful says during US transit
Taiwan will never back down in the face of growing threats from China, the island’s vice president and presidential hopeful said Sunday during a transit through the United States, defying Beijing’s condemnation of his trip.
China property fears hurt shares, dollar climbs
Shares slid on Monday as China’s property woes amplified the case for stimulus even as Beijing seemed deaf to the calls, while rising Treasury yields lifted the dollar, which briefly poked its head above the…
China’s Car Parts Exports Soar in First Seven Months on Strong After-Sales Market, Better E-Sales
The value of China’s exports of car parts surged 10.1 percent between January and July from the same period last year to USD46.4 billion, according to the latest data from the General Administration …