China Securities Regulatory Commission (CSRC) and the Ministry of Finance signed an audit oversight cooperation agreement with the U.S. Public Company Accounting Oversight Board (PCAOB) on Friday.
Tagged By finance
EDITORIAL: Fallout from China’s power problems
The fallout from power rationing in China is likely to undermine its economy and businesses operating there, just as the COVID-19 situation appears to be stabilizing. The forced cuts to factory …
Chinese businesses make headway in Afghanistan despite Beijing’s cautious approach to Taliban
China’s economic influence in Afghanistan is expanding and it now ranks as the country’s third-largest trading partner after Pakistan and Iran.
Int’l financial institutions bullish on Chinese market
PFG’s footprint in China gives a glimpse into the thriving development of international financial institutions in the country. To attract foreign investors, China scrapped foreign ownership caps for …
China’s bad debt managers struggle to profit from collapsing property sector
China bad-debt managers are struggling to extract profit from the country slow economy with no bottom in sight for its collapsing property sector …
Economic Watch: Int’l financial institutions bullish on Chinese market
PFG’s footprint in China gives a glimpse into the thriving development of international financial institutions in the country. MORE FAVORABLE POLICIES To attract foreign investors, China scrapped …
The story of China’s property bust and lessons for the Philippines
What goes up must come down. China’s mighty economy is facing serious challenges. The culprit is its ailing property sector.
China’s Party Congress reshuffle under way with central bank deputy Chen Yulu appointed Nankai University president
A deputy governor from China’s central bank has been appointed as the president of Nankai University, a sign that more economic and financial personnel adjustments could be made around the 20th Party …
U.S. and China reach landmark audit deal in boon for Chinese tech companies
Beijing and Washington took a major step on Friday towards ending a dispute that threatened to boot Chinese companies, including Alibaba, from U.S. stock exchanges, signing a pact to allow U.S.
Did Pelosi Fuel China-Russia Military Cooperation?
After the chaotic US departure from Afghanistan in August 2021 and Russia’s invasion of Ukraine in February 2022, Washington has sought to reaffi …
China’s show of force over Taiwan a chance to test military coordination but results unclear: analysts
China’s massive intimidation effort this month following US House Speaker Nancy Pelosi’s visit to Taiwan allowed the world’s biggest standing army to test the coordination of its personnel, weaponry, …
China Financial Markets
Asian stock markets were mixed Monday after China cut an interest rate that affects mortgage lending while investors looked ahead to this week’s Federal Reserve conference for signals about more …
‘The ball is in Sri Lanka’s court’, says China on debt restructuring request
Sri Lankan has been urging China to restructure its debt as the nation continues to reel under acute economic crisis. It is estimated that Sri Lanka owes debt payments of USD 1.5 to 2 billion…
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