World’s second-biggest economy is slowing, appetite for foreign brands has weakened and local competition is intense …
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Multinationals sound alarm over weak demand in China
World’s second-biggest economy is slowing, appetite for foreign brands has weakened and local competition is intense …
China cracks down on decades-old unpaid taxes amid mounting debt crisis and budget shortfalls
Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis. More than …
China’s central bank signals move to increase treasury bond trading, support housing rental industry
China’s central bank, said on Friday in a quarterly report that it will increase treasury bond trading in its open market operations to ensure ample market liquidity, and provide support for the …
FG says China has expressed commitment to increase investment in Nigeria
Nigeria and China have partnered to bolster economic ties and unlock new investment opportunities in the country.
Aurangzeb for deepening ties with Beijing
Federal Minister for Finance & Revenue Muhammad Aurangzeb, on Friday, highlighted recent positive developments in Pakistan’s economy, including increased foreign exchange reserves, decreased inflation …
China’s consumer prices boosted by weather disruptions; domestic demand still soft
China’s consumer inflation quickened in July, while producer deflation persisted, as Beijing ramps up support for its frail consumer sector amid a sputtering economic recovery.
“Shadow Reserves”: China’s Key to Parry U.S. Financial Sanctions
In the ongoing U.S.-Chinese financial war, Beijing has focused on insulating China’s strategic trade from dollar-based financial sanctions. This objective
China central bank says it will increase treasury bond trading
China’s central bank will seek to “enrich” its monetary policy toolbox and will gradually increase buying and selling of treasury bonds in its open market operations, its second-quarter monetary …
Chinese fund manager Zhao Xuejun whisked away as Beijing cracks down on securities sector
A veteran mainland Chinese financial executive is under investigation by authorities, the latest instance of Beijing’s tightened oversight of the country’s embattled securities sector. Zhao Xuejun, …
Exclusive-China tells some brokerages to conduct compliance checks on bond trading, sources say
China’s securities regulator has ordered some brokerages to inspect their bond trading activities, three people with knowledge of the matter said, as authorities seek to rein in frenzied buying of …
China’s Harvest Fund chairman under investigation steps down
China’s Harvest Fund Management said on Friday that Chairman Zhao Xuejun had resigned and is cooperating with relevant authorities regarding an investigation pertaining to “personal problems”, without …
China’s sluggish job market pushes tech and finance workers to move to Hong Kong to sell insurance
Lam Yik—Bloomberg via Getty Images Hong Kong is seeing an influx of professionals from mainland China’s finance and tech sectors who are disillusioned with their career and salary prospects across the …