Chinese President Xi Jinping attended a leaders’ dinner hosted by his South African counterpart on Tuesday after skipping an earlier scheduled appearance at a business forum. Xi arrived at the dinner …
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Four fraudsters sentenced as Beijing courts continue fight against personal data infringement
Hu was sentenced to four years in prison for personal data infringement and using the internet to commit crimes, and was fined 120,000 yuan. Zhang was sentenced to two years in prison for personal …
U.S. commerce secretary set to visit China next week as high-level talks continue
U.S. Secretary of Commerce Gina Raimondo is set to visit China from Aug. 27 to 30, both countries announced Tuesday.
CHINA MOBILE Forecasts: ARPU Steady Growth To Remain in 2H23; 2023 CAPEX Not to Exceed Estimate
Yang Jie, executive director and chairman of CHINA MOBILE (00941.HK) +0.600 (+0.926%) Short selling $494.89M; Ratio 30.051% , remarked that the group’s dividend payout ratio conti …
China’s central bank conducts 301-bln-yuan reverse repos
BEIJING, Aug. 23 (Xinhua) — China’s central bank conducted 301 billion yuan (about 41.81 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Wednesday. The move aims …
China is on the precipice of its own major financial crisis
Many are worried that the bankruptcy of Evergrande will trigger a domino effect that extends that crisis from the property to the finance sector.
China to maintain tough stance against corruption in finance sector: SPP
China’s top procuratorate on Tuesday called for unremitting and across-the-board efforts to crack down on corrupt elements in the finance sector, aiming to fight corruption and forestall financial …
China, Africa trade continues to grow
China has remained Africa’s largest trading partner over the past decade. Bilateral trade increased 14.8 percent year-on-year and amounted to 1.87 trillion yuan in 2022, with South Africa, Nigeria and …
US Commerce Secretary in ‘Productive’ Talks With China Envoy Before Trip
WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo met Chinese Ambassador Xie Feng on Tuesday and had a “productive discussion” ahead of her trip to China, the U.S. Commerce Department said in a statement.
China officials hit by US sanctions over ‘forced assimilation’ of children in Tibet
Antony Blinken criticises China’s state boarding schools that ‘seek to eliminate Tibet’s distinct linguistic, cultural and religious traditions’
China Charges Official With Life Imprisonment in Crypto Mining Case
A court in China sentenced a former party official to jail for life, accusing him of taking advantage of his political functions. In particular, the official, Yi Xiao, accepted $17 million in bribes …
North Korean Airline Lands in Beijing Marking First International Flight Since COVID
Flight data indicates an Air Koryo passenger jet flew from Pyongyang to Beijing on Tuesday, in a sign of easing border restrictions that could repatriate North Korea’s stranded nationals abroad and …
Can China Fix Its Trillion-Dollar Local Debt Crisis?
China has seen the world’s largest infrastructure boom over the past decade, making it one of the primary drivers of the Asian nation’s economic growth. But companies that borrowed money to finance …