Chinese government hackers breached the U.S. Treasury Department. Among other things, the hackers breached the office that administers economic sanctions against countries and groups of individuals.
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China Market Update: No Executive Order Means No Problem For US Investors
Asian equities were mixed but mostly higher overnight as Mainland China outperformed while Hong Kong and the Philippines underperformed.
Why China’s industrial giants won’t be damaged by the latest US blacklisting
The inclusion of Chinese companies on US blacklists is hardly new. But in recent years, the growing dominance of Chinese firms in sectors such as electric vehicle batteries and shipbuilding has …
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC, once China’s leading professional football club and a symbol of the country’s aspirations in the sport, has been dropped from the national league after a drawn-out saga related to the …
US says tech giant Tencent works with Chinese military
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China’s military. The list …
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.
China’s most successful club folds under weight of debts
Guangzhou FC, the most successful soccer club in Chinese history, disbanded on Monday due to crippling debts. The club, formerly known as Guangzhou Evergrande, has been unable to meet the Chinese …
Yellen raised serious concern about China’s ‘malicious’ cyber activity, Treasury says
U.S. Treasury Secretary Janet Yellen met virtually on Monday with Chinese Vice Premier He Lifeng and raised concerns about “malicious cyber activity” carried out by Chinese state-sponsored actors, the …
China extends fiscal interest subsidy for equipment upgrade loans
BEIJING — China’s Ministry of Finance announced on Monday that the government’s fiscal interest subsidy policy for bank loans for equipment upgrades will be extended until the central bank’s …
China unveils guidelines on building a national unified market
China’s state planner on Tuesday published testing guidelines on building a national unified market, saying the country will implement a unified market access system and safeguard fair competition.
China’s central bank outlines ‘moderately loose’ monetary policy
Beijing: China s central bank has outlined a moderately loose monetary plan aimed at boosting domestic demand to spur growth, days after President …
Exclusive: Sunac China flags difficulty making Sept dollar bond payments, sources say
Developer Sunac China has informed some of its dollar creditors it is unlikely to meet a September bond maturity deadline, two sources said, as weak sales raise the prospects for a new round of …
Putin orders Russia’s top bank to team up with China in AI push to challenge Western tech dominance
Russian President Vladimir Putin continues seeking to expand his challenge of the West’s order — this time in tech. The Russian leader has ordered his government and Russian banking giant Sberbank to …
