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Chinese who lost money in bank fraud detained for months after protest

When Ou Yangyun travelled to the Chinese city of Zhengzhou in February to demand recompense after his bank account containing tens of thousands of dollars was frozen, his family expected him to be... -June 04, 2024 at 10:00 pm EDT - MarketScreener
United States Shi Jianjian Peter Dahlin Andrew Collier David Crawshaw Central Commission For Discipline Inspection In Henan

Chinese who lost money in bank fraud detained for months after protest

When Ou Yangyun travelled to the Chinese city of Zhengzhou in February to demand recompense after his bank account containing tens of thousands of dollars was frozen, his family expected him to be home two days later to celebrate the Lunar New Year with his five-year-old twins. Ou, 39, and more than a dozen other victims of one of China's biggest banking scandals had gathered outside a train station in Henan's provincial capital. "Henan banks, return our savings!" they shou...
United States Shi Jianjian David Crawshaw Peter Dahlin Andrew Collier Central Commission For Discipline Inspection In Henan
Source: yahoo.com

Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb...
Hong Kong United States San Francisco T Ai Pei Kirkland Ellis Brenda Goh
Source: yahoo.com

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Japan's message for Donald Trump: don't cut a deal with China

Japan, America's closest ally in Asia, has been trying to send a message to U.S. presidential hopeful Donald Trump: don't try to strike any deal with China that could upend years of collective efforts to rein in Beijing and risk the region's fragile peace. Tokyo has stepped up attempts to engage with people close to Trump in recent weeks, as the 77-year-old's victories in Republican primaries in Iowa and New Hampshire have seen him emerge in some polls as the frontrunner in ...
North Korea United States Japan General White House District Of Columbia New South Wales
Source: yahoo.com

Red Sea crisis pressures China's exporters as shipping delays, costs mount

For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian. Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe, told Reuters the cost of shipping a container to Europe had surged to roughly $7,000 from $3,000 in December, when Yemen's Iran-aligned Houthi movement escalated attacks on shipping. "The disruptions have wiped out our already thin profits,&#x...
Republic Of Pearl River United States Red Sea Djibouti General Yang Bingben
Source: yahoo.com

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