His firm’s announcement has renewed concerns of a potential Beijing crackdown on finance and tech figures. Shares in the investment firm plunged on Friday, after it told shareholders it had “been …
Tagged By finance
China’s Top Tech Banker Is Missing? Here’s What That Means
When the investment bank China Renaissance Holdings said it had lost touch with Bao Fan, its prominent founder, it sent shudders through the investment community. Many feared it’s a sign another …
Analysis-China’s Mortgage Rate Cuts Spur Prepayment Rush, Threaten Bank Earnings
It also highlights, however, how mortgage rate cuts and other measures to aid China’s faltering property sector, hit by a slump in demand and a cash crunch at major developers, ha …
PBOC Governor In Focus as Financial Leadership Reshuffle Nears
Who will lead the People’s Bank of China’s is back in focus as a leadership reshuffle at government agencies and major financial regulators nears.
China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry.
China Poised to Appoint New Chiefs at Banking, Market Regulators
China is poised to name regulatory veterans known for their strict campaigns against financial wrongdoing as new chiefs of the country’s banking and securities watchdogs, according to a person …
China will step up financial support on logistics and transport sectors
China will provide financial support to logistics and transport sectors, including strengthening capital support on logistics and transport infrastructure and major projects, according to a jointly …
Berlin: Huanxi Media CEO Talks $600M Blockbuster ‘Full River Red,’ China’s Film Industry Recovery
The Hollywood Reporter sat down with Steven Xiang to discuss how his company so deftly handled the early days of the pandemic, producing Zhang Yimou’s biggest hit to date and the future of China’s …
Economic diplomacy: Banking on Asia is hard to escape
This long withdrawal variously reflects poor returns from Asia, new domestic oriented strategies, the bilateral tensions with China, and plans to focus on trade finance rather than on-the-ground …
Higher ed should disclose China financial ties or lose federal dollars: analysis
Chinese influence on American higher education must be monitored with laws that have teeth American colleges and universities should lose their federal funding if they fail to disclose major financial …
Beijing green lights local ChatGPT rivals and other AI applications alike
Local authorities in Beijing pledges to support enterprises looking to rival the success of ChatGPT creator OpenAI.
China’s Fiscal Income Recovery Likely To Be Tepid, Minister Says
China’s fiscal revenue recovery will likely be soft this year, according to Finance Minister Liu Kun, who warned this week of “outstanding conflicts” between income and spending.
China says will craft policies to help economy, improve child care
China’s state planning body and finance ministry on Thursday said they will craft policies aimed at stimulating spending on housing and unlocking consumer savings that have been built up during the …
