BEIJING/SHANGHAI (Reuters) -China’s central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when ... ( read original story ...)
China’s Alibaba says Daniel Zhang quits cloud business in surprise move
China's Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a surprise move just two months after the company announced he would leave his roles as group CEO and ... ( read original story ...)
Honor has now announced that the ‘V Purse’ will be launched on September 19 in Shanghai.
Honor showcased a concept phone at the IFA 2023 dubbed V Purse. The company has now announced that the outward folding phone will be launched on September 19. ( read original story ...)
Shanghai Forms Exchange Group to Boost Trading by Private Firms
(Yicai) Sept. 11 -- Shanghai’s local government last week approved the setup of Shanghai Exchange Group, with the aim of encouraging trading by more private companies, according to industry insiders. ( read original story ...)
Exclusive-China’s Central Bank to Peruse Bulk Dollar Purchases – Sources
BEIJING/SHANGHAI (Reuters) - China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time ... ( read original story ...)
Alfa Bank board of directors approves establishing two branches in China
MOSCOW. Sept 11 (Interfax) - The board of directors of Alfa Bank has decided to establish two branches in China, one each in Beijing and Shanghai, the lending institution's press service said in a ... ( read original story ...)
Has Shanghai really turned into a ‘ghost town’? US media’s misinformation campaign about China never ends
US media Newsweek last week published a story with a sensationalized headline, suggesting that Shanghai has turned into "a ghost town." The story quoted a misleading tweet and poured cold water on ... ( read original story ...)