China Economy

China Firm Nabs Solomon Islands Port Deal as US Watches On

The port reconstruction deal, part of a $170-million project to upgrade roads and wharves in the strategically-located Pacific islands nation,…

18 hours ago

Top US Fund Manager Vanguard to Shut China Office, Quit Ant JV

The planned exit contrasts with recent expansions in China by its US rivals BlackRock and Fidelity

3 days ago

US Regulators Set For Fresh Audit Inspections of Chinese Firms

The inspections by US audit watchdog PCAOB are part of a deal with Beijing to prevent delistings of Chinese firms…

1 week ago

China Sees ‘Rapid’ Economic Recovery After Covid Reopening

Data was in line with hopes for an economic revival led by consumption as flagging global demand weakened Chinese exports

1 week ago

Chinese Start-Ups Hunt for ‘Friendly’ Banks to Park SVB Funds

"No other bankers in the US provide the level of services SVB used to offer," said an executive at a…

1 week ago

China Firms Rush To Distance Themselves From SVB Collapse

Several Hong Kong-listed companies, mostly Chinese pharmaceutical firms, disclosed their exposure to Silicon Valley Bank over the weekend

2 weeks ago

Silicon Valley Bank Collapse Adds to China Investors’ Woes

At least one WeChat group with several hundred members has been formed by anxious Chinese clients of SVB seeking to…

2 weeks ago

China Retains Central Bank Chief in Surprise For Markets

Yi Gang's re-appointment "shows China wants to at least have a dialogue with the United States on monetary policy and…

2 weeks ago

Apple, Foxconn Spur Landmark Labour Reforms in Indian State

The legislation led to laws that give India's Karnataka state “one of the most flexible working regimes in India,” according…

2 weeks ago

Xi Clinches Unprecedented Third Term as China’s President

Nearly 3,000 National People's Congress members voted unanimously in the Great Hall of the People for the 69-year-old in an…

2 weeks ago

China to Raise Defence Spending Faster Than Growth Forecast

The Ukraine war has prompted some elements in China's military-industrial complex to call for an increase in the defence budget

3 weeks ago

Apple Supplier Foxconn Speeds up India Expansion in China Shift

Foxconn chief met Indian Prime Minister Narendra Modi this week 'to build an ecosystem allowing all stakeholders to share, collaborate…

3 weeks ago