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Staffers at China’s main securities regulator had been working around the clock for weeks on ways to prop up the nation’s tumbling stock market when the bombshell dropped. Late Wednesday, the official Xinhua News Agency reported that their boss Yi Huiman had been ousted, becoming the biggest Communist Party casualty…
Wu Qing, nicknamed the 'Broker Butcher', has years of political and financial experience and important ties to China's No. 2 official, Premier Li Qiang. He faces the challenging task of boosting China's stock market and attracting foreign financial firms.
Wu Qing, nicknamed the "broker butcher", takes over as chairman of the CSRC when China's stock markets are at their weakest levels in five years.
EU's roadmap on how to cut emissions by 90% by 2040 no longer includes references to reductions in methane, nitrogen and other gases linked to farming
BEIJING, Feb. 6, 2024 /PRNewswire/ — At the start of 2024, China’s opening-up push made a distinctive stride in the financial sector. On January 25, UK-based multinational bank Standard Chartered was approved to set up business in Hefei, East China’s Anhui Province. Days before, Chinese authorities said that 10 more foreign-funded institutions had been approved as […]