China is considering more than 10 trillion yuan ($1.4 trillion) of extra borrowing in the next few years, according to a report from Reuters, as Beijing strives to reinvigorate an economy struggling with relatively meek…
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WilmerHale shutters Beijing office, joining US law firms’ retreat
U.S. law firm Wilmer Cutler Pickering Hale and Dorr is shutting down its Beijing office after 20 years, as major firms continue to reassess their presence in China’s legal market.
China is eyeing $1.4 trillion in fiscal stimulus and even more if Trump is elected, report says
China is weighing additional stimulus that would increase if Trump wins the US election. The candidate has proposed huge tariffs on goods from China.
China Baosteel’s Q3 net profit more than halves on faltering steel prices
BEIJING (Reuters) – China’s biggest listed steelmaker, Baoshan Iron & Steel, reported on Tuesday a nearly 65% plunge in its third-quarter net profit, undermined by a fall in steel prices. The company, …
Finland’s president raises Ukraine war, security issues with China’s Xi
Finnish President Alexander Stubb said he would discuss peaceful solutions to the war in Ukraine during his meeting on Tuesday with Chinese President Xi Jinping in Beijing. Finland, which shares a …
Knife attack near school in Beijing injures 5 people, including 3 children
Video circulating on social media showed two school-aged children on the ground. Another image showed a man with blood on his face being held to the ground
China’s New Supersonic Jet Could Get You from Beijing to NYC in 2 Hours
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights…
Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high
Big Four consulting firm PwC shrugged off reputation-damaging scandals in China and Australia this year to post record revenues and hire 10,000 staff.
TikTok parent ByteDance’s founder is now China’s richest person
ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year. The …
Albanese ‘not once’ pushed for COVID-19 answers from ‘good mate’ Xi Jinping
Not “once” has Prime Minister Anthony Albanese pushed for answers on the origins of the COVID-19 pandemic from China’s President Xi Jinping, Sky News host Sharri Markson says. “Australia’s premiers …
TikTok founder becomes China’s richest man
The surging global popularity of TikTok has seen the co-founder of its parent company, ByteDance, become China’s richest person. According to a rich list produced by the Hurun Research Institute, …
China detains South Korean on suspicion of espionage
China confirmed on Tuesday the detention of a South Korean citizen suspected of espionage, saying it had advised embassy officials, but without identifying the individual or detailing the charges.
Halloween partygoers pushed boundaries in Shanghai last year. This year, police are taking notice
A year after Shanghai’s boisterous Halloween celebrations made global headlines, revelers dressed as Republican presidential nominee Donald Trump and comic book superheroes were escorted away by …
