This summer’s heavy rainfall and flooding in southern China has prompted many local governments to solicit flood relief donations from the public, but public reaction has been notably cynical, even hostile. A combination of...
Provincial prosecutors in Guizhou have set up a special investigative team to look into the case of a female entrepreneur who, along with members of her legal team, was detained and accused of “picking quarrels and provoking...
After 200 days, the long-running “Arctic Catfish” scandal has reached a conclusion, dissatisfying and anticlimactic as it may be. It began after social media user “Arctic Catfish” (北极鲶鱼, Běijí Niányú), a young Chinese woman...
Lai Xiaomin, the former head of a state-owned asset management company was sentenced to death on January 5 for bribery, corruption, and bigamy. Lai led China Huarong Asset Management until his 2018 expulsion from his public...
The Wall Street Journal has discovered that in 2016, China offered Malaysia bailouts and...
Hundreds of investors gathered in Beijing on Monday to protest the government’s...
From AP, via Business Week: The Bank of China revealed Saturday it fired a Beijing loan officer for his role in a mortgage loan scam three years ago that cost the bank some 645 million yuan (US$78 million; euro60 million), the government said. Xu Weilian, deputy chief of retail operations at one of the Bank […]
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