Chinese liquor giantKweichow Moutaihas announced it is shutting down its e-commerce unit, which had failed to solve the problem of distributors hoarding stock to drive up prices, reported Ca... Read more
JPMorgan Chase has won approval to launch a majority-owned Chinese securities business, beating out Wall Street rivals and expanding its reach in the country against a difficult background o... Read more
Tariffs and trade tensions are a huge source of worry for US companies, with nearly half of Fortune 500 companies referencing such concerns during last quarter’s earnings calls, the US Chamb... Read more
China’s central bank lowered the interest rate on 14-day reverse repurchase agreements on Wednesday, in step with a similar cut in the 7-day repo rate last month, to ease monetary conditions... Read more
China’s sovereign-wealth fund is coming to the aid of a troubled lender in a RMB 100 billion ($14.28 billion) bailout, the latest show of government support for the banking sector, whic... Read more
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