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PwC unit suspended for six months in mainland China over Evergrande audit

HONG KONG/BEIJING (Reuters) - China's Ministry of Finance (MOF) on Friday imposed a six-month business suspension on PwC's auditing unit in mainland China over...

China’s legislature approves raising the retirement age, now among world lowest for major economies

BEIJING (AP) — China starting next year will raise its retirement age for workers, which is now among the youngest in the world's major...

China and Russia chide West at security forum in Beijing

By Laurie ChenBEIJING (Reuters) - Chinese and Russian defence officials took swipes at the West at a military diplomacy forum in Beijing on Friday,...

Shapovalov, Auger-Aliassime blank Finland in Davis Cup Finals singles matches | CBC Sports

Canada remained unbeaten in the group stage of the Davis Cup Finals after winning its second straight match on Thursday in Zhuhai, China.Canada raced...

China warns carmakers of risks in building plants overseas, sources say

SHANGHAI (Reuters) - China's commerce ministry has warned the country's carmakers of the risks of making auto-related investments overseas at a recent meeting, said...

US companies see record-low profits in China amid geopolitical tensions and slow growth, report says

HONG KONG (AP) — American companies in China are seeing record-low profits, with business confidence at an all-time low amid U.S.-China tensions and a...

China’s Attempt to Boost Demand Is Stifled by Wall of Austerity

(Bloomberg) -- Finance chiefs in Beijing are testing new ways to boost the economy by encouraging demand, breaking with long-established practice as threats to...

China Braces for Another Typhoon After Yagi Slammed South Coast

Business WireCabot Properties Acquires Newly Built, Multi-Story Logistics Facility in Sydney for A$137.6 MillionSYDNEY, September 12, 2024--Cabot Properties, a prominent investor, developer, and operator...

China Detains Investment Bankers, Takes Passports in Corruption Sweep

(Bloomberg) -- China is turning up the heat on its army of 8,700 investment bankers.Most Read from BloombergAfter being forced to take big pay...

Tennessee senator and ambassador to China Jim Sasser has died

NASHVILLE, Tenn. (AP) — Jim Sasser, who served 18 years in the U.S. Senate and six years as ambassador to China, has died. He...

European business confidence in China is at an all-time low, report says

HONG KONG (AP) — China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in...

China’s Unworkable Housing Rescue Math Is Prolonging Crisis

(Bloomberg) -- In May, China’s central government urged more than 200 cities to buy unsold homes to ease oversupply. More than three months later,...

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