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 …
Tagged By finance
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.
China’s defense minister faces corruption probe: Report
If reports are true, Dong Jun would be 3rd defense chief, who serves as diplomatic chief of Chinese military, to face such investigation – Anadolu Ajansı …
China’s new push for early marriage to tackle birth crisis
The authorities in Luliang, China, are offering financial rewards to couples who marry before the woman turns 35. This is in response to the demographic crisis in the country. The authorities of the …
China’s defence minister Dong Jun under investigation for corruption amid huge purge
A shadow looms over China’s military leadership as their defense minister has been caught in a corruption storm.
Exclusive-China’s Hesai to halve lidar prices next year, sees wide adoption in electric cars
SHANGHAI (Reuters) – China’s Hesai Group, the world’s largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to…
China Companies Cut Foreign-Currency Debt Just in Time for Trump
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.
Why Trump foes can’t block day-one tariffs on China, Mexico and Canada
President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Tuesday night threat to impose 25% tariffs on …
Ex-Bank of China Chairman Liu Liange Sentenced to Death for Corruption
Beijing: The former chairman of the Bank of China, Liu Liange, was on Tuesday sentenced to death with a two-year reprieve for corruption and illegal issuance of loans. He was found to have accepted …
After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
Trump fires the first salvo of his renewed trade war with China: A 10% across-the-board tariff
On Truth Social, Trump alleged that Chinese inaction on illegal fentanyl was the reason behind the new 10% tariff.
Hong Kong is becoming a hub for financial crime, US lawmakers say
Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business …
‘No one will win a trade war,’ China says after Trump tariff threat
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on all …