Chinese banks dispose of $467 billion soured assets
BEIJING (Reuters) – China’s banking sector disposed of 3.02 trillion yuan ($466.6 billion) in non-performing assets in 2020, its top …
Continue readingCHINA
Financial investors unsettled by disappearance of Jack Ma
NEW YORK/BOSTON/HONG KONG – Billionaire Jack Ma’s 50-second video reappearance has done little to resolve Alibaba Group’s troubled relationship with …
Continue reading
China approves Cisco’s $4.5 billion Acacia deal
SHANGHAI – Cisco Systems Inc’s purchase of Acacia Communications Inc has been approved by China’s antitrust regulator on condition that …
Continue reading
Tesla delivering new model Y to Chinese customers
BEIJING/SHANGHAI – Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers …
Continue reading
China: “New COVID-19 outbreak imported”
SHANGHAI – China’s recent COVID-19 outbreaks in the northeast have come from travelers entering the country or contaminated frozen food …
Continue reading