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The Mere Mortals Behind China’s ‘God Song’ Industry

They can write a catchy ditty in a few hours and send it viral overnight, but there’s nothing divine about their production process

Ping An Insurance Defends Investment in HSBC

Co-CEO Li Yuanxiang cites European bank’s hefty dividend as Ping An adopts defensive stance amid rising risk of global recession

China Adds Detail to Long-Awaited Interest Rate Reform Plan

Under State Council plan, central bank will shift toward using Loan Prime Rate as a benchmark tool for monetary policy

Child of a Persecuted Father

A writer-director recalls his childhood during the Cultural Revolution when his father was persecuted as a ‘counterrevolutionary revisionist’

Businessman Gets Probation for Surrogacy Bribe

Finance Ministry official helped businessman get 930 million yuan in government subsidies for a series of projects

CX Daily: Japan Dethrones China as Largest Holder of U.S. Treasurys

Meanwhile, U.S. blacklists Chinese nucler firms, Baidu is knocked out of China’s internet top 5 and Walmart steps in as foreign retailers flee.

Aug 17, 2019 09:27 AM

Regulator Penalizes 22 at Kangmei for $12.6 Billion of Overstatements

CSRC continues probe, vowing to refer criminal evidence to prosecutors, as fines, lifetime market bans hit top executives

Aug 17, 2019 04:04 AM

Standardized Notes Aim to Boost Liquidity for Smaller Financial Institutions

Shanghai Commercial Paper Exchange will create a tradable security to ease the fallout from the takeover of Baoshang Bank

Aug 16, 2019 10:36 PM

Regulator Tightens Oversight of Consumer Lending as Household Debt Booms

Banks are being fined for failing to observe rules on credit card limits and personal loans

Aug 16, 2019 09:09 PM

Charts of the Day: China Unseated as Largest Foreign Holder of U.S. Debt

Growth in Japan’s Treasury holdings almost 10 times that of China’s in June

Aug 16, 2019 09:03 PM

Saving Yunnan’s Rare Snub-Nosed Monkey

Conservationists and the government explore poverty-relief models to better equip villagers to protect unique-looking species

Aug 16, 2019 08:58 PM

Infant-Milk Maker’s Shares Recover on Short-Seller Retort

Shares of Ausnutria Dairy close up 13.9% on Friday after it denies claims by Blue Orca that it inflated earnings

Aug 16, 2019 08:57 PM

Hong Kong’s Richest Man Li Ka-shing Calls for End to Violence in Region

After weeks of clashes between police and protestors, tycoon calls for love of city and country in newspaper advertisements

Aug 16, 2019 08:50 PM

Olympic Gold-Winning Volleyball Player Caught Doping

Yang Fengxu, who was part of team at Rio 2016, tested positive for banned hormone in August 2018

Aug 16, 2019 08:23 PM

As Rivals Flee China, Walmart Rings Up 4.7% Sales Growth

U.S. retailing giant’s quarterly performance in China far outpaces 1.1% sales decline for its international operations

Aug 16, 2019 08:04 PM
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