Beijing-based China International Capital Corp (CICC) is planning to reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter told Reuters. Peer CITIC …
Tagged By financials
China’s FX reserves decline within controllable range, underpinned by strong economic fundamentals: expert
China’s foreign exchange (forex) reserves totaled $3.201 trillion as of the end of April, down by $44.8 billion, or 1.38 percent, from the end of March, according to data released on Tuesday by the …
‘Fruitful results’: China’s top police chief hails joint crackdown with New Zealand against drug trafficking, fraud
Public Security Minister Wang Xiaohong says ‘candid communication’ between security agencies has helped curb narcotics trade.
America’s China Strategy Has a Credibility Problem
Yet Beijing currently has good reason to doubt the credibility of Washington’s sanctions threats. This is because the United States’s response has been muted in the face of recent Chinese provocations …
We can’t rely on China to stop the fentanyl crisis
Biden, and the next president, must be prepared to defend our citizens from the dangers of fentanyl without help from Chinese law enforcement.
China banks’ $900 bln buffer offers sham comfort
Other risks are piling up: U.S. officials have warned that Washington was ready to take action against Chinese firms supporting Russia’s military, including targeting financial institutions with …
Beijing 2024: Jetour X70 Plus facelift, PHEV versions of the T2 light off-roader and L6 SUV on display
Jetour’s booth at this year’s Auto China featured a few new models, some of which we’ll be covering in this post. The sub-brand of Chery has already announced it will make its public debut in…
Ministry of Defence is ‘hacked by China’ as officials fear names & bank details of UK’s entire armed forces stolen
THE Ministry of Defence has been hacked by China with the cyberattack causing a massive data breach, according to reports. MPs will be informed on Tuesday of the attack which targeted service …
A Green Embargo by China Will Trigger a Financial Crisis That Will Implode the US Economy
China’s stranglehold monopoly on the global supply of rare earth minerals and metals for the “green” movement to EV’s, and the generation of electricity by wind and solar is a clear and potential …
China’s manufacturing won’t fix consumer demand: Fmr. Australian PM
Former Prime Minister of Australia Kevin Rudd — currently the Ambassador of Australia to the US — joins Yahoo Finance’s Akiko Fujita at the 2024 Milken Conference to outline China’s problem areas in …
Ministry of Defence ‘hacked by China’ as cyberattack causes ‘massive data breach’ including names and bank details
THE Ministry of Defence has been hacked by China with the cyberattack causing a massive data breach, according to reports. MPs will be informed on Tuesday of the attack which targeted service …
China’s Xi tries to woo France’s Macron during first stop of European tour
Chinese leader Xi Jinping wants to deepen ties with Europe even as many countries in the bloc cosy up to Washington.
Credit Suisse’s China Venture Faces Staff Reductions Amidst Restructurings
In a recent update from Hong Kong, Credit Suisse’s securities brokerage joint venture in China has disclosed a significant decline in staff numbers for the year 2023, a period marked by Swiss …
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