Among the beneficiaries of Cypriot so-called Golden Visas that come with European Union passports allowing travel, banking and work in the 27-member bloc were Asia's richest woman and China's wealthy, some said to be anxious they would lose their holdings otherwise.
The United States can not only sanction Chinese banks, but also distrain Chinese overseas assets.
The pervasive influence of red capital in Hong Kong shows the impossibility of putting politics aside when doing business with China.
Are foreign credit cards accepted in China? How much cash do I need? When and where can I exchange Chinese yuan? Can I use mobile payment? These are all common questions for travelers to China, and in this guide, we’ll provide all the information you need on how to make and manage payments during your trip to China.
Many members of the Beijing-based American Chamber of Commerce in China said they are earning less in the country, and that market access remains an issue in certain industries despite recent Chinese government efforts.
Last year, Zuckerberg pledged to never build data centers in countries with "a track record of violating human rights like privacy or freedom of expression," and claimed that he "could never come to agreement" with China about the terms of operating its social network there.
President Donald Trump said last week the U.S. is putting 10% tariffs on another $300 billion worth of Chinese goods starting September 1.
The yuan plunged beyond 7 per dollar for the first time since 2008 amid speculation Beijing was allowing currency depreciation to counter President Donald Trump’s latest tariff threat.
European stock markets have fallen after the surprise decision by Donald Trump to impose new tariffs on a further $300bn of Chinese imports.
Risky borrowers are running into trouble in China and that is putting pressure on trust companies, an important corner of the country’s shadow-banking system.