Chinese defence minister Dong Jun has been placed under investigation for corruption, according to British newspaper the Financial Times. But with the reported fall of the third defence minister in a …
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FirstFT: China investigating its defence minister for alleged corruption
Also in today’s newsletter, BYD demands suppliers slash prices, and Infosys chair predicts companies will develop their own AI models …
‘Groundless’: China dismisses report of corruption probe into Defence Minister Dong Jun
Foreign ministry responds to article that claims Dong is the latest Chinese defence minister to be investigated for graft.
China Defense Minister Investigated for Corruption, FT Says
China is investigating its defense minister for corruption, according to the Financial Times, the latest scandal to rock the People’s Liberation Army after a slew of high-profile purges took down both …
China said to be investigating third defence minister in a row over corruption claims
Admiral Dong is the third consecutive serving or former defence minister to be investigated for alleged corruption. He replaced General Li Shangfu as defence minister in December 2023. General Li was …
China’s financial sector rides digital wave with new action plan
BEIJING — China will steadfastly advance the digital transformation of its financial institutions and accelerate the construction of digital finance infrastructure, according to a recent action plan.
China Stimulus Hopes Drive Emerging-Market Stocks Higher
Emerging-market stocks rose, reversing earlier losses, as speculation intensified that China’s authorities will roll out fresh stimulus measures next month amid the threat of US imposed tariffs.
Stock market today: World shares are mixed, with China benchmarks higher despite tariff talk
World shares are mixed with Chinese stocks leading gains after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs
China’s move to centralise oversight of financial sector shouldn’t be feared
Stronger party control over the financial sector will allow the building of a more cohesive framework for further orderly decentralisation In 2017, at its highest-level financial work conference, …
‘Shadow-chasing’: China on FT report that its defence minister is being probed for corruption
Chinese Foreign Ministry spokesperson Mao Ning called the FT report ‘just shadow-chasing’ which cited US officials as saying that China’s Defence Minister Dong Jun has been placed under investigation …
Volkswagen Sells Plant In China’s Xinjiang Region After Years Of Forced Labor Allegations
Earlier this year, the U.S. blocked imports of several Porsche, Bentley, and Audi vehicles amid concerns that they contained a Chinese-made part that violated U.S. forced labor laws.
China calls report that Defence Minister Dong Jun is under probe ‘shadow-chasing’
China’s foreign ministry, responding to a question about a report saying the Chinese Defence Minister Dong Jun has been placed under investigation for corruption, said on Wednesday that it was “just …
China Firms’ FX Debt Slump Cuts Yuan Risks as Trump Tariffs Loom
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan faces growing uncertainties under Donald Trump’s second presidency.
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