China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case March 22, 2024 By Bloomberg News Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused...
Wary of New Security Law, Foreign Firms in Hong Kong Bolster Contingency Plans March 22, 2024 By James Pomfret and Greg Torode Vague provisions in Hong Kong’s new national security law around state secrets and links to foreign entities have put on...
China Evergrande’s Alleged $78 Billion Fraud Is Among World’s Worst March 19, 2024 By Bloomberg News China Evergrande Group’s alleged $78 billion revenue overstatement escalates the legal peril of founder Hui Ka Yan, who now stands...
China Orders Banks, Insurers to Review Cyber and Data Security January 11, 2024 By Bloomberg News China’s financial regulator told its banks and insurers to thoroughly review cyber and data security across all their businesses, underscoring...
Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M January 10, 2024 Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by...
China Broker TIAN RUIXIANG Agrees to Buy Hong Kong’s Peak Consulting Services January 8, 2024 TIAN RUIXIANG Holdings Ltd., the Beijing, China-based insurance broker, announced its subsidiary TRX HongKong Investment Ltd., has entered into a...
China Sets Tougher Capital Rules for Registering New Firms December 29, 2023 By Bloomberg News Chinese lawmakers changed the country’s Company Law by setting tougher capital rules for registering a new firm, an effort to...
JD.com Wins Anti-Monopoly Lawsuit Against Alibaba December 29, 2023 Chinese online retailer JD.com 9618.HK said on Friday that it won a lawsuit against rival Alibaba 9988.HK, which was fined...
China Offers Insurance to Rubber Producers to Encourage Higher Output December 11, 2023 By Mei Mei Chu China’s government said on Monday it has started offering insurance for natural rubber producers, to encourage higher output and increase...
German Companies Seeking to Cut Risk of Doing Business in China: Survey December 5, 2023 By Sarah Marsh Nearly half of German companies operating in China are taking measures to reduce the risk of doing business there largely...