China’s securities regulator fined the developer’s founder, Hui Ka Yan, and banned him from participating in the country’s financial markets for life.
Category: China Securities Regulatory Commission
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China Deflation Alarms Raised by Falling Prices for Food and Cars
In addition to consumer price declines in January, wholesale prices fell last month, and have been down in every month since October 2022.
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Xi Jinping is Asserting Tighter Control of Finance in China
The Communist Party’s main theoretical journal has laid out a new ideological framework for the financial system that emphasizes the primacy of China’s top leader and Marxist principles.
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Why China Is Turning the Screw Tighter on Oversight of Banking and Tech
The New York Times – Business:A series of regulatory changes approved this week reflect the increasingly centralized control of Xi Jinping, newly confirmed for a third term as China’s president.