China announced more than $2.03 trillion in stimulus to boost … The new measures are much larger than the amount unleashed in the wake of the 2008/9 financial crisis, which was worth up to 4…
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China defence minister Dong Jun’s fate unclear as differing accounts emerge on corruption probe
The fate of Chinese Defence Minister Dong Jun remained unclear on Wednesday (Nov 27), as two US officials told Reuters that he was being investigated for corruption, while another urged caution. The …
China’s state media praise some U.S. firms amid fears of a new trade war
China’s state media have praised some U.S. firms for “strong collaboration” – commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese …
China’s state media praise some U.S. firms amid fears of a new trade war
China’s state media have praised some U.S. firms for “strong collaboration” – commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese …
China’s yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of 2025, the weakest level on record.
China’s military corruption crackdown explained
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 …
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