Tesla founder and CEO Elon Musk arrived in the Chinese capital on Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. A brief online …
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China to revise anti-money laundering law amid crackdown on illicit capital flows
The draft law will also apply to entities that deal in real estate, securities, precious metals, and gemstones. Read more at straitstimes.com.
Exclusive-Tesla CEO Elon Musk kicks off surprise trip to Beijing, sources say
A private jet linked to Tesla CEO Elon Musk landed in Beijing on Sunday, a flight tracking app showed, as two people with knowledge of the matter said the billionaire was kicking off a surprise…
Why is there no ‘overcapacity’ at Beijing Auto Show?: Global Times editorial
Beijing International Automotive Exhibition (Beijing Auto Show) kicked off on Thursday. The event features more than 1,500 exhibiting companies, 278 new-energy models, 117 world premiere models, and …
Chinese regulators warn against Silicon Valley Bank-style meltdown
A rally in Chinese government debt has sparked alarm among regulators in Beijing, who warn that regional banks’ appetite for the bonds risks a crisis similar to the collapse of Silicon Valley Bank …
Nepal and China sign two agreements in the presence of Finance Minister Pun
KATHMANDU, April 26 — Nepal and China have signed two agreements focused on human resources development and the improved bone marrow transplantation service. These two important agreements were …
Four projects to be funded by China are in final stage of negotiation
Four projects to be funded by the China International Development Cooperation Agency (CIDCA) are in the final stage of negotiation, officials say. Chairman of the Chinese external aid agency, Luo …
Foreign automakers eager for Chinese partners at Beijing auto show
Global automakers including Volkswagen and Toyota came to this year’s Beijing auto show looking to catch up to surging China EV makers that are dominating the world’s largest auto market. The show …
China central bank flags bond investment risks to some financial institutions: sources
CHINA’S central bank has flagged interest rate risks to some financial institutions, asking them to cut leverage and reduce their exposure to long-dated bonds following a feverish rally, sources said …
Official of China’s securities watchdog under investigation for ‘serious violation’ amid uptick in market regulation
Yao Qian is the director of the department of technology supervision at the China Securities Regulatory Commission He is being investigated by the Central Commission for Discipline Inspection and a …
China General Nuclear lands first yuan trade finance for Brazil solar plant
China General Nuclear Power Group (CGN) has secured its first yuan-denominated trade finance to import Chinese PV modules for a solar plant in Brazil, official media said on Friday.
As US Looks to Seize Russia’s Assets China Dumps US Treasury Bonds
The US Senate approved a package of proposals on Tuesday that would send military help to Ukraine, Israel, and Taiwan, collect Russia’s frozen assets and transfer them to Kiev, and impose new …
Beijing bourse facilitates treasury bond issuance of over 1.12t yuan in Q1
BEIJING – More than 1.12 trillion yuan ($157.9 billion) of treasury bonds and over 66.79 billion yuan of local government bonds were issued on the Beijing Stock Exchange (BSE) in the first quarter of …