China Everbright Group’s former chairman Tang Shuangning was sentenced to 12 years in prison for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV said on …
Tagged By finance
Analysis-China Ready to Go Deeper Into Debt to Counter Trump’s Tariffs
The tone of the Politburo statement suggests that China won’t lower its growth ambitions for 2025, says Zong Liang, chief researcher at state-owned Bank of China. But it also suggests that China is …
China ready to go deeper into debt to counter Trump’s tariffs
In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected U.S. trade …
China’s Shocking $1.4 Trillion Stimulus Push: Beijing’s Bold Move as Trump’s Tariff Threats Loom
China has announced a historic shift in its monetary policy, vowing to adopt an appropriately loose stance for 2025, marking its first easing in 14 years. The new approach, paired with a more …
New action plan to advance China’s digital finance sector by 2027
It focuses on digitalising financial institutions and leveraging data and technology. China is poised to significantly advance its digital finance sector, driven by government support and growing investor interest.
Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
Global shares turned lower on Monday as traders focused on U.S. inflation data and chip stocks fell, while Beijing’s promise of stimulus and the sudden collapse of the Syrian government boosted oil …
ASIA RBA decides, debate sparks over China policy shift
Canada’s main stock index ended lower on Monday as technology and industrial shares lost ground ahead of a key U.S. inflation report, but the decline was limited by gains for resource shares after …
Nvidia’s stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details,
Nvidia Under Fire: Beijing Investigates $7B Mellanox Deal Amid U.S.-China Tech Showdown
Nvidia faces scrutiny over Mellanox deal, as Beijing investigates compliance with fair-treatment guarantees for Chinese firms …
Nvidia Hit With China Probe in Global Tech War Escalation
China has opened a probe into Nvidia Corp. over suspicions that the US chipmaker broke anti-monopoly laws around a 2020 deal, taking aim at the AI heavyweight as Washington ramps up sanctions.Most …
China’s returning to its 2008 financial crisis playbook to stimulate the economy
The Chinese government is turning to an old strategy to stimulate activity: easier money and more fiscal spending. Why it matters: China’s economic challenges include a massively overbuilt and …
China to take a ‘more proactive’ approach to fiscal policy
China says it will embrace a “moderately loose” monetary policy and a ‘more proactive’ approach to fiscal stimulus policy. Catalysts Co-Hosts Seana Smith and Madison Mills examine what the policy …
Nvidia Hit With China Probe as Tech War With US Escalates
China has opened a probe into Nvidia Corp. over suspicions that the US chipmaker broke anti-monopoly laws around a landmark 2020 deal, taking aim at the AI heavyweight as Washington ramps up sanctions …
