China and Britain should take a “long-term and strategic view” of their relationship and step up dialogue and cooperation, Chinese President Xi Jinping told British Prime Minister Keir Starmer in a …
Tagged By financials
China’s humanoid robot development threatens Tesla’s global market lead
With a dominant position in the electric vehicle market, China is using the same blueprint for their rollout including government support, ruthless price competition from a wide field of new entrants …
Alibaba gains as it swaps listing status in Hong Kong to tap mainland China investments
Alibaba Group Holding said it would switch its listing status in Hong Kong, in a technical move that qualifies the technology behemoth to sell shares to mainland China’s 220 million stock investors.
China targets “one-stop” financial fraud services in latest crackdown
China’s Supreme People’s Procuratorate (SPP) has pledged strict punishment for units and individuals offering “one-stop” services for financial fraud for …
Analysis-After battle with yuan bears, China is now keen to avoid sharp currency gains
SHANGHAI (Reuters) – Having spent all year trying to put a floor under the tumbling yuan, China’s central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the…
China Market Update: Hong Kong Rides Q2 Financial Results Higher As Baidu, NetEase, & Bilibili Report
Asian equity markets were mixed despite a stronger US dollar overnight, as Hong Kong outperformed the region, which was led by growth stocks and sectors on light volumes, in advance of Fed Chair …
China’s surprising bond boom
China’s sputtering economy has become glaringly evident in financial markets in recent months: A historic bond market rally has been underway, driving the longer-term interest rates down. Beijing …
PwC China faces 6-mth business ban, large fine over Evergrande audit, sources say
HONG KONG (Reuters) -Chinese regulators will likely impose a six-month business suspension on a big part of PricewaterhouseCoopers’ auditing unit in mainland China, as a penalty for its work on …
PwC China faces 6-month business ban, large fine over Evergrande audit, sources say
Chinese regulators will likely order business suspension for a big part of PricewaterhouseCoopers’ auditing unit in mainland China for six months, as part of punishment for its work on troubled …
China Gives Detail on Bond Crackdown With Some Solace for Bulls
A senior official at a Chinese regulatory body said Beijing will keep cracking down on speculative trading in longer-dated bonds, though suggested officials are not seeking to control yields as some …
China’s Slowing Economy Sparks Calls to Raise Deficit Ceiling
A growing chorus of Chinese economists called on Beijing to break away from an implicit budget deficit ceiling, opening the door to more central government borrowing as a way to shore up the faltering …
FirstFT: Beijing expected to unleash toughest ever Big Four penalty with PwC business ban
But we start with a scoop: PwC China has told clients it expects Chinese authorities to hit it with a six-month business ban that will start as early as September, as part of punishment over…
Growing Saudi-China ties makes case for yuan-based trade but challenges remain, S&P says
The strengthening ties between Saudi Arabia and China could enable oil trading between the two nations in the renminbi, according to S&P Global Ratings. Yuan-based oil trade between Riyadh and Beijing …
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