President Xi Jinping signaled the unveiling of an overhaul of China’s government agencies when the country’s legislature holds an annual gathering starting next week.Most Read from BloombergElon Musk …
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China ‘two sessions’ 2023: Xi Jinping vows ‘forceful’ overhaul of finance and technology sectors
Far-reaching’ changes to have ‘profound influence’ on economy and society, President Xi Jinping tells Communist Party’s top policymakers Details of reform package approved by Central Committee to be …
Former president of China Merchants Bank indicted
Tian Huiyu former president of China Merchants Bank has been indicted for suspected bribery power abuse trade on undisclosed in …
China debt blowout rings alarm bells as leaders meet in Beijing
When China’s leaders gather in Beijing for the annual parliament next week, one of the biggest economic risks they’ll need to tackle is the mounting debt of provinces. A majority of regional …
China Charges Ex-Merchants Bank President Over ‘Huge’ Bribes
Chinese authorities charged Tian Huiyu, the former president of China Merchants Bank Co., over suspected violations including taking bribes and insider trading, after an almost one-year long …
Former president of China Merchants Bank charged with bribery: Chinese prosecutor
BEIJING: Tian Huiyu, a former president of China Merchants Bank, was charged for suspected bribery and insider trading, China’s top prosecutor said on Tuesday (Feb 28). Tian, also the bank’s former …
The Cashless Revolution: China’s Reinvention of Money and the End of America’s Domination of Finance and Technology
Chorzempa charts the rise and fall of economic reformers in the Chinese Communist Party through the lens of financial technology … Chorzempa suggests that China’s commitment to issuing a central …
Finance minister urges close attention to China’s reopening
South Korea’s chief economic policymaker on Tuesday called for more attention to the reopening of the Chinese economy in order to address the prolonged downturn in the country’s outbound shipments. At …
Ukraine war, US-China tensions to dominate G20 foreign ministers meet
Foreign ministers from around the world meet in New Delhi this week in the shadow of Russia’s war in Ukraine and spiralling U.S.-China tensions, with host India hoping that issues like climate change …
China’s Growing Local Debt Means Less Money to Support Economy
When China’s leaders gather in Beijing for the annual parliament … That’s the threshold set by the Ministry of Finance to indicate disproportionately high debt risks.
US must push China to be honest about COVID origins, US envoy says
U.S. Ambassador to China Nicholas Burns attends the World Peace Forum at Tsinghua University in Beijing, China July 4, 2022. REUTERS/Yew Lun Tian …
China unleashes massive coal power expansion despite John Kerry’s climate pleas
Kerry added that the human and financial costs “will be catastrophic” if nations don’t put aside differences and address climate change. And while China has pushed forward with fossil fuel power …
China Renaissance Confirms Missing Financier Is Part of Investigation
Top tech financier Bao Fan has been missing for over 10 days, with the company he founded confirming he’s been detained for questioning.