Xu Guojun, former president of Kaiping sub-branch of Bank of China who had been on the run for 20 years, was forcibly repatriated to China on Sunday under the coordination of several departments.
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Former executive at Bank of China’s branch repatriated to China
A former president of a domestic branch of Bank of China suspected of embezzlement was repatriated to China after fleeing to the U.S., the country’s anti-graft watchdog said on Sunday.
Hong Kong must ‘make the cake bigger’ to achieve Beijing’s goal of ‘common prosperity’, finance chief says
Financial Secretary Paul Chan says city must ensure economic fruits are more evenly distributed after Beijing sets out ambitious policy goal.
China Bank Binondo Building almost fully restored
THE restoration of the China Bank Building at the corner of Juan Luan and Dasmariñas Sts. in Binondo, Manila, is nearly complete, with the remaining construction work and finishing touches in the upp …
China’s Gen Z workers are gaining more leverage, and they’re demanding changes
Chinese businesses are being forced to become more accommodating of employee demands for flexible workplace arrangements, as young jobseekers flush with options find they have more leverage.
China: Frequent Covid lockdowns, restrictions hampering businesses
In areas such as Rulii, a southwestern border city, four lockdowns in the past seven months have been imposed with little to no effect on the number of cases being reported …
China Singles’ Day – Toward Double 11 Record Sales, Despite Economic Uncertainties
As the world’s largest e-commerce market, China is likely to continue growing faster relative to North America and Western Europe. Singles’ Day 2021 will reflect that expansion. Before the Singles Day …
China rebranding BRI to rival Biden’s B3W with focus on green finance, inclusive development
When B3W was unveiled by Biden during the G-7 summit in June, with the goal of creating “a values-driven, high-standard and transparent infrastructure partnership” to help finance projects in …
Is China rebranding BRI?
China appears to be rebranding its multi-billion-dollar Belt and Road Initiative (BRI), bracing for competition with US President Joe Biden’s Build Back Better World (B3W) initiative, which lays …
China Digs In on Coal While Greenpeace Slams U.S.: COP26 Update
The COP26 talks are running out of time, with key issues including climate finance and global carbon markets still unresolved before the summit’s scheduled end on Friday evening.Most Read from …
It pays to enter China’s green bond market early, before prices take off
Among the financial market fallout from the Covid-19 pandemic was a slump in green bond issuance in China, where a five-year growth streak was snapped last year. The government orchestrated the sale …
EU in Last-Ditch Move to Bridge COP26 Climate Finance Gap
The European Union and Italy are rushing to draft a last-minute climate finance proposal to make good on rich countries’ failed funding promises, and rescue COP26 negotiations.Most Read from Bloomberg …
Global financial crash: China Evergrande heading for ‘bankruptcy in days’
GLOBAL financial crash fears remain high over the prospect of the collapse of real estate giant, China Evergrande.
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