After meeting with Deloitte’s global chair Sharon Thorne, China’s Ministry of Finance (MoF) outlined plans yesterday to “strengthen” its supervision of the country’s audit sector by “strictly” …
Tagged By finance
PBOC official: China banks concerned about credit ratings in debt overhauls
Multilateral development banks (MDBs) reluctant to offer debt relief need to shoulder an “equitable burden” in sovereign debt restructurings, a People’s Bank of China official said on Monday.China has …
China issues preferential tax policy for small firms, household businesses
China’s finance ministry on Monday issued preferential tax policy for some small firms and household businesses, as part of steps to support the economic recovery.
We cannot counter China’s ambitions without a global strategy
Defense officials and analysts acknowledge that China is no longer merely a regional power but a global power on the move. Its recent moves to restore diplomatic ties between Saudi Arabia and Iran, …
Chinese-American bank ‘willingly’ provided Biden family financial records: GOP senator
“A bank from China, let’s face it, the Communist Party controls those types of institutions, they willingly gave us the documents that backed up the Treasury records,” Johnson said on “Sunday Morning …
Indian govt has 54 Chinese investment proposals pending – finance minister
REUTERS/Samuel Rajkumar March 27 (Reuters) – The Indian government has received about 54 foreign direct investment proposals from China since last year that are pending for approval, said Finance …
Saudi Aramco inks $12.2 billion China oil refinery, petchem complex deal
Saudi Aramco signed an agreement with Chinese partners on Sunday for an oil refinery and petrochemical project in northeast China that is expected to start in 2026 to meet the country’s growing demand …
Credit Agricole launches China M&A and investment banking business
Credit Agricole , France’s second-biggest listed bank, has become the latest foreign lender to boost its China investment banking operations with the launch of a new unit.
Asia FX dips as bank fears, weak China data keep sentiment dim
Asian currencies fell on Monday as persistent fears of a banking crisis kept investors wary of most risk-driven assets, while a weak economic indicator from China also dampened optimism over a …
Mark Mobius still keen on investing in China after recent hiccup, but wants Beijing to relax capital controls
My view on China has not changed and we are still looking at investment opportunities,’ Mobius says The veteran emerging markets investor believes the current banking crisis in the US and Europe will …
China vows tougher scrutiny of auditors including Big Four firms
China has pledged to toughen oversight of international and local auditors as President Xi Jinping tries to stamp out risks to the country’s financial system after a series of massive corporate …
China’s central bank conducts 255 bln yuan of reverse repos
China’s central bank continued to inject funds into the financial system through open market operations on Monday. The People’s Bank of China said on its website that it has conducted 255 billion yuan …
China creates a new world order as Biden ignores the threats
As Chinese President Xi Jinping told Russian President Vladimir Putin at the end of their three-day summit in Moscow last week, “Right now we’re seeing a change we haven’t seen for 100 years, and …
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