Chinese regulators ban Evergrande chairman from securities market for life

Beijing – A subsidiary of real estate giant Evergrande Group said on Monday Chinese regulators would ban its chairman from the securities market for life, adding that the troubled company would be slapped with a hefty fine. The company’s flagship subsidiary, Evergrande Real Estate, said in a filing with the Shenzhen Stock Exchange that the … Read more

China’s economy sparks worries as annual political meeting approaches

All major decisions will be made in closed-door meetings weeks ago (document) Beijing China: China’s annual political conference kicked off in Beijing on Monday, with officials saying the weak economy and youth unemployment were of “high concern” as they laid out plans for the coming year. Armed police and public security personnel were seen on … Read more

China prepares for annual legislative session amid economic headwinds

Thousands of China’s political elite and lawmakers will gather in Beijing this week to kick off the country’s annual legislative session, known as the Two Sessions. The meetings, which traditionally preview the Chinese government’s policy agenda for the year, will begin with the annual session of the Chinese People’s Political Consultative Conference on March 4, … Read more

U.S. lawmakers say duty-free imports from China surge

Washington — A leading US lawmaker on Friday highlighted an “alarming” increase in imports under the small package trade exemption amid heightened scrutiny of Chinese online retailers Shein and Temu. Both platforms are known for selling goods at low prices and are said to be using rules that allow products worth less than $800 to … Read more