China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations
China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday. The People’s…
Yellen’s visit to China is ‘crucial’ to U.S.-China engagement, professor says
U.S. Treasury Secretary Janet Yellen’s visit to China is “crucial” to ensuring that both countries continue talking to each other,…
Janet Yellen arrives in Beijing on mission to find common ground for U.S. and China
Treasury Secretary Janet Yellen landed in Beijing Thursday on a four-day trip aimed at finding common ground as rivalry between…
OCBC is looking to Greater China and Southeast Asia for a $2.2 billion boost in revenue
Singapore’s Oversea-Chinese Banking Corporation has set its sights on “longer term opportunities” in Greater China and Southeast Asia and expects…
Huawei says applying 5G technology to business was more difficult than expected
SHANGHAI — Huawei’s Chief Financial Officer Meng Wanzhou said Wednesday that applying 5G technology to business was more difficult than…
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…
China’s economy is set to grow faster in the second quarter, Premier Li Qiang says
BEIJING — Chinese Premier Li Qiang said Tuesday his country was still on track to reach its annual growth target…
China throws its support behind Russia, says Wagner rebellion is ‘internal affair’
China on Sunday described an aborted rebellion by a Russian mercenary force as an “internal affair” and expressed support for…
The China dilemma: Europe wants a new relationship with Beijing but is wary of retaliation
Europe is charting a new way forward for its relations with China, but officials in the region say they are…
