China’s corruption busters have pledged to push forward “relentlessly” with President Xi Jinping’s clean-up campaign, with a focus in 2024 on the finance sector, state-owned enterprises, energy, …
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China’s central government likely to pitch in as localities attempt to untangle debt knots
As hefty debt burdens weigh down local governments, the central authorities seem poised to stimulate infrastructure spending through a variety of actions.
Nvidia extends record run as robust AI-chip demand offsets China concern
Nvidia stock is on its longest winning streak since the AI-chip maker’s blowout second-quarter earnings in May.
Sustainable Finance Newsletter – On China, 2 early wins for conservatives
plagiarism allegations On China, early wins for conservative activists The SEC rejected Apple’s bids to skip shareholder votes on two measures tied to the iPhone maker’s record on human rights in …
China-Africa Lending to Snap Seven-Year Decline, StanChart Says
(Bloomberg) — China’s lending to Africa may rise for the first time since 2016 as pledges to finance projects ranging from renewable energy to natural gas increase, Standard Chartered Plc said. Most …
China Says Ex-PBOC Official Took ‘Massive’ Bribes to Help Firms
A former senior official with China’s central bank took large bribes to help businesspeople, according to a state media documentary on Beijing’s anti-graft efforts. Fan Yifei, ex-deputy governor at …
With threats, pressure and financial lures, China seen as aiming to influence Taiwan’s elections
China is being accused of using military threats, diplomatic pressure and fake news in a broad strategy to influence voters in Taiwan’s elections to pick candidates who favor unification …
China Is Ramping Up Legislation of Private Economy Promotion Law, Insiders Say
The Private Economy Promotion Law is yet to be included in the legislative plan of the Standing Committee of the 14th NPC, China’s top legislative body. However, entrepreneurs have been calling on the …
China Orders Banks, Insurers to Review Cyber and Data Security
China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring the government’s increased focus on national security and …
China’s Xi vows intensified crackdown on corruption
Chinese President Xi Jinping has vowed to step up a crackdown on corruption in key sectors, including finance, energy and infrastructure, state media reported. Mr. Xi, who began his second decade as …
Why is a unified national market now so vital for Beijing’s policymakers?
Sally Liang, who owns several restaurants in Zhejiang province, was drawn by the market size of the southern megacity of Shenzhen – but before long she found the challenges of setting up shop there …
China’s invasion of Taiwan could cost global economy $10 trillion – Bloomberg
China’s military invasion of Taiwan will cost the global economy $10 trillion. This corresponds to about 10% of global GDP, dwarfing the impact of Russia’s war against Ukraine, the COVID pandemic, and …
Xi Jinping tells China’s corruption hunters to show no mercy in ‘severe and complex’ battle
As the anti-corruption campaign enters its 11th year, the Chinese leader calls for ‘heavier punishments’ and a focus on ‘high-risk’ areas.
