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Pakistan, China Establish A Joint Mechanism to Tackle COVID-19

Pakistan, China establish joint mechanism to tackle Covid-19

BEIJING – Pakistan and China officially established a joint preventive control mechanism on COVID-19 to strengthen coordination and exchanges between the two countries, as well as to promote cooperation while maintaining a continuous response in the long fight against the virus, the Chinese ministry of foreign affairs spokesperson said Wednesday. …

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US, China Clash Anew As Top Officials Meet on Tensions

US, China clash anew as top officials meet on tensions

WASHINGTON – The United States lobbied China on Wednesday for its treatment of Muslim Uighurs and Hong Kong as the two powers held firm in high-level talks in Hawaii over mounting tensions. US Secretary of State, Mike Pompeo, met with a senior Chinese official, Yang Jiechi, at a Honolulu military …

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Chinese Securities Regulator Strengthens Supervision of Listed Companies

Chinese securities regulator strengthens supervision of listed companies

BEIJING – In an effort to strengthen the supervision of publicly-traded companies, Chinese securities watchdog has announced a strong crackdown on illegal practices, such as the collection and reporting of false financial and accounting information. Practices that include lies, accounting fraud and illegal guarantees must be severely punished, Yan Qingmin, …

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China to Unveil Fresh Financial Reform Measures to Bolster the Economy

China to unveil fresh financial reform measures to bolster economy

BEIJING – The State Council’s Office of Financial Stability and Development Committee on Wednesday announced that China will be introducing 11 economic reform steps shortly. An enhanced incentive and restriction system will be implemented to enable commercial banks to more effectively offer financial services to small and micro businesses, according …

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