China Analysts’ Cut-Throat Fight for $1 Million Paycheck

A million-dollar paycheck might not turn heads on Wall Street, but it’s a tidy sum in China, where the financial industry is still dominated by government-owned institutions with a history of conservatism on pay. In 2015, senior managers at the country ... ( read original story ...)

Tea and Tiananmen: Inside China’s new censorship machine

TIANJIN, China, Sept 29 (Reuters) - In a glass tower in a trendy part of China's eastern city of Tianjin, hundreds of young men and women sit in front of computer screens, scouring the Internet for videos and messages that run counter to Communist Party ... ( read original story ...)

China Tо Bооst Financial Suppоrt Fоr Small Businesses

HONG KONG (Reuters) – China’s cabinet said on Wednesdaу that it will take a number of measures, including tax exemptions and targeted reserve requirement ratio cuts, tо encourage banks tо support small businesses. Financial institutions will be ... ( read original story ...)

China orders North Korean businesses closed under UN sanctions

China is North Korea's main trading partner, making Beijing's co-operation essential to the success of sanctions aimed at stopping the North's pursuit of weapons technology BEIJING — China on Thursday ordered North Korean-owned businesses to close ... ( read original story ...)

Assets held by private banks in China surge 22pc in value

The results underline just how China’s domestic retail banking giants now dominate the wealth management industry. China Merchants Bank (CMB) Private Banking led the pack with over 1.6 trillion yuan in AUM. It also enjoys a higher efficiency rating ... ( read original story ...)