BEIJING -Chinese regulators took fresh steps on Thursday to defuse anger over a banking fraud that has sparked high-profile protests, by announcing a second round of repayments to depositors whose …
China
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(Reuters) – China’s cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated laws including ones pertaining to …
- Financial News
HSBC installs Communist party committee in China brokerage unit – FT
by Reutersby Reuters(Reuters) – HSBC Holdings Plc has established a Chinese Communist party committee (CCP) within its securities brokerage unit in the country, Financial Times reported on Thursday, citing two people familiar …
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China Is Quietly Working To Kill A Major UN Human Rights Report: REPORT
China Is Quietly Working To Kill A Major UN Human Rights Report: REPORT Philip Lenczycki on July 20, 2022 Beijing is pressuring the U.N. to suppress a forthcoming report on …
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Biden Issues Climate Ultimatum As China Races To Build New Coal Plants
Biden Issues Climate Ultimatum As China Races To Build New Coal Plants Jack McEvoy on July 20, 2022 President Joe Biden declared that he would take executive action to further …
- Financial News
Importers paid $32 billion in U.S. tariffs on China tech imports-industry report
by Reutersby ReutersBy David Lawder WASHINGTON – Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 to the end of 2021, …
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China Announces Purge Of CCP Officials Ahead Of Elections
China Announces Purge Of CCP Officials Ahead Of Elections Philip Lenczycki on July 19, 2022 China announced its intention to eliminate so-called “gangsters” and the party officials purportedly aiding them …
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China Promises ‘Forceful’ Response If Pelosi Goes Through With Taiwan Visit
China Promises ‘Forceful’ Response If Pelosi Goes Through With Taiwan Visit Micaela Burrow on July 19, 2022 China threatened to take “forceful measures” to protect its claim over Taiwan in …
- Financial News
Luxury shoemaker Manolo Blahnik wins 22-year trademark battle in China
by Reutersby ReutersBy Casey Hall SHANGHAI – Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama “Sex and the City”, said on Tuesday it …
- Financial News
Japan, China cut holdings of U.S. Treasuries to multi-year lows -data
by Reutersby ReutersBy Gertrude Chavez-Dreyfuss NEW YORK – Japan and China pared back holdings of U.S. Treasuries in May to multi-year lows, data from the U.S. Treasury department showed on Monday. Japan’s …
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By Andrea Shalal SEOUL -The United States wants to end its “undue dependence” on rare earths, solar panels and other key goods from China to prevent Beijing from cutting off …
- Financial News
China expedites local govt debt issuance to bolster capital of smaller banks
by Reutersby ReutersBEIJING – China’s banking regulator has worked with the finance ministry and central bank to accelerate the issuance of special local government bonds to help supplement the capital of small …
- Financial News
China to step up implementation of ‘prudent’ monetary policy-central bank chief
by Reutersby ReutersBEIJING – China’s economy is facing downward pressure due to COVID-19 and external shocks, and the central bank will “increase implementation of prudent monetary policy” to support the real economy, …
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China Is Quietly Supplying Russia’s War Machine In Ukraine: REPORT
China Is Quietly Supplying Russia’s War Machine In Ukraine: REPORT Micaela Burrow on July 15, 2022 China may have increased exports of electronics and minerals with weapons applications to Russia …
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US Catching Up On Critical High-Tech Weapon Used By Russia, China
US Catching Up On Critical High-Tech Weapon Used By Russia, China Micaela Burrow on July 14, 2022 The U.S. successfully tested a pair of hypersonic missiles Tuesday, marking progress in …
- Financial News
China will agree to $4 billion aid for Sri Lanka ‘at some point’ – Bloomberg News
by Reutersby Reuters(Corrects to add dropped word ‘Sri Lanka’ to headline) (Reuters) – Sri Lanka is continuing negotiations with China for as much as $4 billion in aid and is confident Beijing …
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BEIJING – China’s industrial output grew 3.9% in June from a year earlier, quickening from a 0.7% rise in May, official data showed on Friday, as activity began to recover …
- Financial News
China created 6.54 million new urban jobs in H1 – human resources ministry
by Reutersby ReutersBEIJING – China has completed 59% of its annual target of new urban jobs, with 6.54 million such jobs created during the January to June period, the ministry of human …
- Financial News
China GDP data to show sharp slowdown in Q2, tepid recovery in June
by Reutersby ReutersBy Kevin Yao BEIJING – China is expected to report a sharp slowdown in economic growth in the second quarter after widespread COVID lockdowns jolted factories and consumers, although activity …
- Financial News
IMF says China needs more fiscal, monetary support to fight COVID slowdown
by Reutersby ReutersBy David Lawder WASHINGTON -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an economic slowdown brought on by …
- Financial News
China hopes Australia can take actions to promote trade relations – commerce ministry
by Reutersby ReutersBEIJING – China hopes Australia can take pragmatic actions to create favourable conditions for the healthy and stable development of bilateral trade relations, China’s commerce ministry said on Thursday. China …
- Financial News
China seen keeping medium-term policy rate unchanged for a sixth month
by Reutersby ReutersSHANGHAI – China’s central bank is widely expected to keep unchanged the borrowing costs on its medium-term policy loans for the sixth consecutive month on Friday, a Reuters survey showed. …
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U.S. Ronald Reagan carrier strike group operating in South China Sea
by Reutersby ReutersBEIJING – The U.S. Ronald Reagan carrier strike group is carrying out security operations in the South China Sea on Wednesday, the U.S. navy said. “Our presence in the South …
- Financial News
China Q2 GDP growth seen dipping to 1% on COVID hit, 2022 growth at 4% – Reuters poll
by Reutersby ReutersBy Kevin Yao BEIJING – China’s economic growth likely slowed sharply in the second quarter as COVID-19 lockdowns hit factories and consumer spending, a Reuters poll showed, suggesting policymakers may …
- Department of Justice Press Releases
Former South Florida Resident Convicted of Smuggling Illegal Refrigerant from China to U.S.
by DOJ Pressby DOJ PressMiami, Florida – Yesterday, 69-year-old Jorge Murrillo pled guilty in federal district court in Miami to conspiring to violate the Clean Air Act (CAA) by importing over 300,000 kilograms of …