Putin’s invasion of Ukraine has given Xi Jinping a way to stir trouble for the West and make Moscow dependent on Beijing.
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China’s faltering tech giants pushing workers to the limit
“I only care about results.“ After Qu’s short videos went viral in China, Baidu let her go and said her views did not represent the company’s culture. But tech workers who spoke with the Financial…
China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment
China’s Ministry of Commerce had harsh words for the United States on Monday after the latter country announced it would proceed with curbs against hi-tech investments destined for the East Asian …
China contemplates ‘countermeasures’ after US takes steps to curb outbound tech, AI investment
China’s Ministry of Commerce had harsh words for the United States on Monday after the latter country announced it would proceed with curbs against hi-tech investments destined for the East Asian …
China ‘taking advantage’: Freeland announces hurried EV tariff consult over summer
Finance Minister Chrystia Freeland said goal is to ‘protect … The government will also seek perspectives on China’s labour and environmental standards. China has emerged as the largest manufacturer …
China’s national pension insurer introduces foreign investor as financial opening-up picks up speed
Analysts said that foreign financial institutions and patient capital continue to hike investment in China’s pension finance market, indicating their confidence in the country’s long-term economic …
China, EU agree to hold talks on EV tariffs
China and the European Union have agreed to discuss tariffs on electric vehicles (EVs). The EU previously threatened tariffs of up to 38% on Chinese EV imports. Yahoo Finance Pras Subramanian joins …
UBS to sell 36% stake in securities venture to Beijing state asset manager
BEIJING/HONG KONG (Reuters) — UBS is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management (BSAM), a key step for the Swiss bank as it consolidates …
China Prepares Unpleasant Banking Surprise For Russia
Bank of China, the Russian subsidiary of the Bank of China, has suspended all operations with Russian banks that have fallen under US sanctions since June 24. The decision is related to fears of …
Jackpot! Why sales of lottery tickets are surging among the youth in China
Lottery shops in China are transforming their plain storefronts into trendy hangouts, attracting young people affected by the economic slowdown with slogans promising quick money. In the first quarter …
Russian subsidiary of Bank of China stops accepting payments from Russian banks, sources say
According to Kommersant’s sources, Bank of China will refuse to accept payments from any sanctioned Russian bank starting on June 24.
UBS to sell partial stake of a joint venture to Beijing state asset manager
opens new tab is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management(BSAM), a key step for the Swiss bank as it consolidates China operations after …
Russian subsidiary of Bank of China stops accepting payments from Russian banks, sources say
According to Kommersant’s sources, Bank of China will refuse to accept payments from any sanctioned Russian bank starting on June 24.