18 Mar 2022
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It’s been a long time coming, but on Thursday the central bank (PBoC) approved two firms to form financial holding companies.
The lucky pair?
China Citic Financial Holdings, a firm set up by conglomerate Citic GroupBeijing Financial Holdings Group, a holding company for financial firms contro...
April 18, 2024
The Chinese and US militaries have agreed to continue disagreeing. On Tuesday, Defense Minister Dong Jun held a video call with US Defense Secretary Lloyd Austin. Why it matters: This is the first direct contact between the defense honchos since… Read More »
April 18, 2024
Retired officials are calling for the Party to radically rethink its approach to the private sector. On Saturday, a group of former and sitting officials and private businesspeople held a symposium in Beijing to discuss innovating Party theory regarding private… Read More »
April 18, 2024
Premier Li Qiang is throwing his support behind Chinese exporters. On Wednesday, Li sat down with participants at the 135th China Import and Export Fair (known as the Canton Fair). ICDYK: Held twice a year in Guangdong, the Canton Fair… Read More »