(Yahoo! Finance) Bad-debt executive Hu Xiaogang is under China’s investigation on suspected involvement in an industry scandal. Xiaogang is a vice president of state-run China Great Wall Asset Management Co.,…
(CNBC). China experienced an increase in production costs as the producer price index rose to 9% in May, the fastest since the 2008 index of 9.13%. Building, iron, and steel…
Chinese banks will hold 7% of foreign currencies in reserves, according to Bloomberg. The rate is a 2% increase and is the first in ten years aiming to counter the…
China gave an optimistic economic activity stabilization in May but faces a lot of challenges ahead, according to SCMP. A heavy level of risk has been created by high commodity…
Highly indebted Chinese companies are sending shivers among global investors with $2.14 trillion of bonds due by 2023, according to NIKKEI Asia. Investors believe Beijing is unlikely to bail out…
Gains in consumer staples equities saw China’s benchmark index gain the most since July on Tuesday, Bloomberg reports. CSI 300 surged 3.2% closing above the 100-day moving average, the highest…
The US Treasury has postponed restrictions on trading in Chinese companies with links to the military from May 27 to June 11, according to CNBC. The decision grants a grace…
America will incur a one-time loss of about $500 billion in GDP if U.S. companies reduce foreign direct investment in China by half, according to Bloomberg. Applying a 25% tariff…
Chinese consumer spending is expected to grow by 7.9% a year to hit $12.7 trillion in the next ten years with services leading, according to CNBC. The projected spending is…
German Chancellor Angela Merkel and French Emmanuel Macron have reportedly approved an EU’s investment deal with China, according to SCMP. Germany, currently holding the EU Council's presidency, announced that the…
China will revoke visa-free entry to Hong Kong and Macau for U.S. diplomatic passport holders, reports Bloomberg. People in the executive and legislature branches and their immediate families, as well…