Workers speak out about the impact of wage cuts in the finance sector in China, while simultaneous hikes to public sector pay packets leaves many people confused.
Tagged By financials
Deepseek AI Takes Root In China’s Banks
State-owned giants Postal Savings Bank and Industrial and Commercial Bank of China (ICBC), as well as regional lenders Bank of Jiangsu, Bank of Nanjing, Haain Rural Commercial Bank, and Bank of …
China’s M&A deals to rise from decade-low as DeepSeek, AI spur interest, experts say
PwC said M&A could grow at a double-digit pace, while French investment bank Natixis said a 10 to 15 per cent increase would be a safe bet. The catalysts could come from demand fo …
DeepSeek Fuels China’s Tech Resurgence: 3 Stocks Worth Watching
China tech soars in 2025 as AI, EVs and AR lead the way. Investors can keep an eye on TCEHY, BABA and BIDU as they capitalize on this technological renaissance.
Hong Kong financial secretary sees ‘minimal’ impact from Trump’s sweeping tariffs on China
Paul Chan, Hong Kong financial secretary, discusses the potential impact of the U.S. President Donald Trump’s tariffs on China.
China Announces New Tech Minister After Predecessor ‘Not Seen’ in Months
Jin’s disappearance is the latest in a string of cases involving top Chinese officials vanishing from public view.
China accuses US of fentanyl ‘blackmail’ after latest tariff threat
STORY: Beijing accused the United States on Friday of exerting “tariff pressure and blackmail”.That’s after President Donald Trump’s latest threat to slap an extra duty of 10% on imports from China.He …
Reasons to be bullish on China’s financial markets: Top economist
Investors have plenty of reasons to be bullish about China’s financial markets in 2025, according to Peking University professor and one of the country’s top economists, Yao Yang. The optimism stems …
Live: Trump confirms tariffs on Canada, Mexico are coming March 4, vows to double China duties
Yahoo Finance will chronicle the latest news and updates on Trump’s tariffs — from the threats to the eventual policy.
Exclusive: HSBC cutting staff numbers by 900 at China Pinnacle unit, sources say
HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank’s ambition for the unit as part of…
China’s Economic Downfall: What Went Wrong?
China was once on track to surpass the U.S. as the world’s largest economy. But today, its financial stability is in jeopardy. What went wrong? From the catastrophic zero-COVID policies to the real …
China’s banks enhance financial support for foreign trade, ensuring growth amid potential risks
Multiple Chinese banks have moved to enhance financial support for the nation’s foreign trade sector, further optimizing policy arrangements to extend China’s foreign trade growth. Bank of …
Beijing accuses Taiwan of giving away chip companies like TSMC as ‘souvenirs’
Beijing’s Taiwan Affairs Office alleged, without evidence, that Taiwanese were worried that TSMC could turn into the “United States Semiconductors Manufacturing Co.” …
