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China Puts Limits on its Distant-Water Squid Fleet - Vimarsana News

China Puts Limits on its Distant-Water Squid Fleet

[ByZhou Chen] On April 1, China started restricting boat numbers in five squid fishing grounds, i...

China's New Rules Worry Foreign Banks and Companies - Vimarsana News

China's New Rules Worry Foreign Banks and Companies

China Puts Limits on Foreign Banks, Worrying Businesses New rules, aimed at taming big money flows and possibly controlling the Chinese currency, could give domestic rivals a competitive edge and make international firms more dependent on local lenders. The People’s Bank of China, the country’s central bank, issued the new rules on foreign banks.Credit...Wu Hong/EPA, via Shutterstock April 2, 2021, 5:21 a.m. ET SHANGHAI — To defend against accusations by Washington and others that it doesn’t play fair on trade, Beijing could point to the banks. Chinese leaders have been steadily lower...