China’s “teeth and thorns” are coming for PricewaterhouseCoopers. Those are the words President Xi Jinping has used to outline how he wants regulations enforced in the People’s Republic. That could …
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China’s expanding travel curbs are cutting off more state workers from the rest of the world
Matthew, then a junior official in one of China’s most powerful finance ministries, treated himself and his bride to a two-week honeymoon at the resort destination of Maui, in the Hawaiian islands.
Saudi Arabia joins BIS- and China-led central bank digital currency project
Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could be another step towards less of the world’s oil trade being done in U.S. dollars. The move, …
China’s Historic Dump of $53 Billion US Treasuries is Unprecedented Blow to US Economy
Why did China take this drastic step, and what does it mean for the United States and the global economy?
China’s green finance: From ‘zero’ to ‘hero’
a leading expert said that China has grown its green loan and green bond markets into the world’s largest in a few years, representing a shift from “zero” to “hero.” Behind the rapid growth is…
China’s top market regulator Wu Qing to speak at Lujiazui forum as investors look for clues on CSRC policy support
Wu will speak on how ‘high-quality financial development drives global growth’ at the two-day event, which starts on June 19 in Shanghai Investors have high hopes for further policy support after …
Chinese who lost money in bank fraud detained for months after protest
The small-business owner from Changsha never returned. Ou, 39, and more than a dozen other victims of one of China’s biggest banking scandals had gathered outside a train station in Henan’s provincial …
11th Brand Influence Development Conference held in Beijing, with focus on three major areas driving the global economy
TianJin, China, June 04, 2024 (GLOBE NEWSWIRE) — On May 24-25, 2024, the highly anticipated 11th Brand Influence Development Conference was held at the National People’s Congress Convention Center in …
China Strengthens Dominance In Green Bond Market
China has taken the green bond market by storm since the broad bear market of 2022 and amplified its global lead in 2023, recent data from the Climate Bonds Initiative (CBI) shows.
Ramp up defences against Beijing’s takeover by stealth
The tenure of Taiwan’s newly elected leader, President Lai Ching-te, also known as William Lai, promises to be the most challenging four years in the island democracy’s history with potentially …
Exclusive: Qatar sovereign fund agrees to buy 10% stake in China asset manager, sources say
Qatar’s sovereign wealth fund has agreed to buy a 10% stake in China’s second-largest mutual fund company, two sources said, underscoring Beijing’s increasing ties with the Middle East amid rising …
Macau Junket Operations: China Launches Crackdown on Illegal Money Exchanges
Macau, known for its thriving casino industry, has also become a hotbed for junket operations and illegal financial activities. These activities often involve unauthorized currency exchanges and loan …
China’s lottery sales rise 10.2% in April
BEIJING – China’s lottery ticket sales rose 10.2 percent year-on-year to 55.46 billion yuan ($7.8 billion) in April, data from the Ministry of Finance showed on Tuesday. Sales of lottery tickets to …
