Beijing stands ready to propel its strategic partnership with Berlin to new heights, Chinese Premier Li Qiang said during a meeting with a delegation from the ruling German Social Democratic Party two …
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Beijing tells banks to cut rates for Chinese savers in bid to boost flagging economy
Beijing has asked banks to slash deposit rates for savers in an attempt to kickstart China’s weak growth. The authorities have issued guidance for China’s largest banks to pay savers less interest for …
Comparing the power of presales with DogeMiyagi, Made in China and Wall Street Memes
Presales present exciting opportunities for investors to get in on the ground floor of the crypto industry. Today, we delve into the presales of three crypto powerhouses: $CHINA, Wall Street Memes, …
Sequoia splits China and India arms from US mothership
Sequoia Capital in U.S. and Europe, Peak XY Partners in India and Southeast Asia, and HongShan in China — as the storied venture firm scrambles to assess the increasing complexity of managing a …
Does Your Business Qualify for China’s Reduced 15% CIT Rate? Defining “Substantial” Operations in Key Development Zones
Companies must prove “substantial operations” in certain areas to qualify for 15% corporate income tax in China. Here’s what that means.
Exclusive-China’s state banks told to lower cap on dollar deposit rates – sources
A Chinese self-regulatory body overseen by the central bank has told major state-owned banks to lower dollar deposit interest rates, four people with direct knowledge of the matter said on Tuesday, in …
China Asks Big Banks to Cut Deposit Rates to Boost Growth
Chinese authorities asked the nation’s biggest banks to lower their deposit rates for at least the second time in less than a year, according to people familiar with the matter, marking an escalated …
Venture-Capital Firm Sequoia to Separate China Business as Political Tensions Rise
Sequoia told its investors it would split into three independent partnerships that would be distinct firms with separate brands.
Sequoia rebrands China, India and Southeast Asia units
Sequoia is rebranding its international investment arms to better manage the escalating complexities of its decentralized global investment operations, the storied venture firm said Tuesday. Sequoia …
China’s Aging Population Is a Major Concern. But Its Youth May Be an Even Bigger Problem
In April, youth unemployment in China hit a record high with 20.4% of 16- to 24-year-old jobseekers unable to find work.
Merck CEO says decoupling from China would be at huge economic cost
The CEO of German technology group Merck KGaA said that unravelling trade ties with China would come at great economic costs and that she was banking on dialogue to ease tensions between Beijing and Western…
US, Japanese, Philippine coast guard ships stage law enforcement drills near South China Sea
U.S., Japanese and Philippine coast guard ships have staged law enforcement drills in waters near the disputed South China Sea as Washington presses efforts to reinforce alliances in Asia amid an incr
‘The Little Mermaid’ tanks in China and South Korea amid racist backlash from some viewers
The Little Mermaid” has bombed with moviegoers in China and South Korea amid racist critiques in some quarters over the casting of Black actress Halle Bailey as main character Ariel.