House Republicans are pushing for an investigation of the Chinese Communist Party’s ties to the collapsed Silicon Valley Bank. ( read original story ...)
Shanghai’s new transportation hub to boost regional integration
Construction of a large-scale integrated transportation hub started in Pudong New Area on Saturday, marking another achievement in Shanghai's development as a socialist modern international metropolis ... ( read original story ...)
House Republicans demand Biden answer on Chinese ties to collapsed Silicon Valley Bank
the SPD Silicon Valley Bank (SSVB) was a 50-50 joint venture between the Chinese Communist Party (CCP) state-owned Shanghai Pudong Development Bank and SVB Financial," the letter reads. It continues, ... ( read original story ...)
Central bank conducts reverse repos
The People's Bank of China on Friday conducted 7 billion yuan ($1.02 billion) of seven-day reverse repos at an interest rate of 2 percent. The move is aimed at keeping liquidity reasonable and ample ... ( read original story ...)
SIA cargo flight from Singapore to Shanghai diverted to HK after false fire alarm triggered
SINGAPORE, March 25 (The Straits Times/ANN): A Singapore Airlines (SIA) cargo plane from Singapore to Shanghai was diverted to Hong Kong on Friday night after suspicions of a fire in the cabin that ... ( read original story ...)
Deutsche Bank tumbles as nervous investors seek safer shores
Deutsche Bank logo and decreasing stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo ... ( read original story ...)
UPDATE 2-China banking regulator says discussed economy with HSBC CEO
Quinn said HSBC would continue to strengthen its business in the Shanghai and would further provide financial support for industry upgrades, according to the post. HSBC did not respond immediately to ... ( read original story ...)