CCDI slams officials for blind quotas forcing towns, districts to inflate business figures to meet unrealistic targets Provinces have been under pressure to boost economic growth since the pandemic …
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Goldman’s Co-Head of China, Morse, to Retire After 16 Years
Goldman Sachs Group Inc.’s co-head of its China business, E.G. Morse, will retire after 16 years at the firm, according to an internal memo.
HSBC to sell Argentina business in $550 million deal
HSBC has agreed to sell its business in Argentina to Grupo Financiero Galicia, the largest private financial group in the country, for $550 million, the UK-based bank said on Tuesday.
China must rebalance economic development efforts to silence the West’s ‘overcapacity’ concerns
Beijing sees US criticism of overcapacity as an excuse for Washington to ratchet up protectionist measures against Chinese-made products.
From overcapacity to TikTok, the issues covered during Janet Yellen’s trip to China
Treasury Secretary Janet Yellen and her team are returning to Washington after a visit to China where they tried to tackle the biggest economic issues between the countries …
China’s EV Makers Bet They Can Dethrone Japan Brands in Thailand
Standing in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile Co. promised to double sales in Thailand to 30,000 electric vehicles …
China’s top funds seek to launch Bitcoin spot ETFs through their Hong Kong subsidiaries
China’s top funds are hoping to leverage Bitcoin’s novelty and potential to stand out in a highly competitive Hong Kong stock market.
As Janet Yellen decries China’s EV overcapacity, commerce minister calls such accusations ‘groundless’
Speaking in Paris to Chinese makers of electric vehicles and lithium batteries, commerce chief Wang Wentao vows Beijing will ‘fully support and defend’ their rights as Western pressure mounts.
Jamie Dimon says America ‘slept’ while China stealthily established itself as an economic powerhouse
J amie Dimon used his annual shareholder letter from JPMorgan Chase to highlight America’s need to engage with China, a nation he says has established itself as a “potential superpower” with the …
China Investors Push Gold ETF Premium To 30% Amid Bitcoin ETF FOMO
In a flurry of frenzied trading activity, local investors in China are driving up the premium of a gold stock ETF to a staggering 30%. This even led to an …
Is Hong Kong’s IPO slump irreversible?
The Chinese financial hub just posted its worst first quarter for IPO proceeds in 15 years. With China’s economy stumbling and new local security laws deterring global investors, can anything stop the …
China Market Update: Yellen’s Trip Helps Mend US-China Relations
Asian equities were mixed but mostly higher as Mainland China fell while Indonesia and Thailand were on holiday. Hong Kong bounced around the room to manage a small gain for the session, though growth …
Eight Obstacles Cloud China’s Outlook For Foreign Businesses – And Its Own
“The buzzwords—overcapacity and aggressive pricing—echo across industries,” says Tidal Wave Solutions Senior Partner Cameron Johnson …
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