Ukraine war updates: Kremlin hints at forthcoming Putin-Xi meeting; Russia scrambles to deal with massive floods
This was CNBC’s live blog tracking developments on the war in Ukraine. Relations between Russia and China have reached an…
U.S. ready to sanction Chinese banks if they aid Russia’s war machine, Yellen says
The United States is prepared to sanction Chinese banks and companies, as well as Beijing’s leadership, if they assist Russia’s…
Biden and Xi Jinping hold phone call ahead of Yellen’s trip to China
President Joe Biden spoke with Chinese President Xi Jinping on the phone for nearly two hours Tuesday, a call the…
Huawei’s profit doubled in 2023 as smartphone, autos business picked up
BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product…
Hong Kong proposes new security bill with life imprisonment for ‘treason’ and ‘insurrection’
Hong Kong on Friday unveiled a new draft security bill proposing up to life imprisonment for offences such as insurrection…
China’s central bank governor says there’s room to cut banks’ reserve requirements
BEIJING — The heads of China’s central bank and economic planning agency signaled that authorities would be willing to take…
China’s top securities regulator vows to ‘strictly’ crack down on market manipulators
BEIJING — China’s top securities regulator vowed to “strictly” crack down on market manipulators, while stating that protecting small investors…
China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows…
