Hong Kong Cuts Expat Banking Jobs, New Job Prospects Look Slim

Barclays, JP Morgan and Deutsche Bank employees in the banking sector have recently been laid off due to the changing landscape of the labor market.

by Phoebe Kut, 16 July 2019

China Will Likely Surpass US as World's Largest Economy by 2030

A new study from HSBC predicts that China's economy will be the largest in the world by 2030.

by Matthew Minford, 26 September 2018

Foreigners Can Now Invest in China's Domestic Stock Market

In a move to further open up its stock markets, the countries top security regulator approved a regulation in which foreign individual investors can have onshore security accounts.

by That's, 18 September 2018

Beijing Joins ¥1 Trillion Club in First Half of 2018

The city's GDP has exceeded the one trillion mark, following Shanghai.

by Adam Robbins, 09 August 2018

Tencent Beats Facebook to Become World's #5 Most Valuable Firm

Tencent surpassed the world's most popular social media platform to become the world's fifth most valuable company.

by Emily Guzman, 22 November 2017

China's Helping Zimbabwe Build a 'Disneyland in Africa'

The plan to build a Disney-like theme park in Zimbabwe has received investment from an undisclosed source in Beijing.

by Shelby Hamilton, 11 July 2017

China Will Soon Start Tracking Bank Card Usage Overseas

Chinese banks will start closely monitoring overseas transactions on domestic bank cards this year in an effort to curb money laundering and tax avoidance.

by Bridget O'Donnell, 07 June 2017

China Slams Moody's Credit Rating Downgrade Over Debt

China balks after credit rating group Moody's downgrades the Middle Kingdom for the first time since 1989 because of rising debt.

by Bridget O'Donnell, 25 May 2017

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