Probe Faults World Bank Over China Ranking
An internal investigation finds management pressured staff to alter data in the bank’s Doing Business report to placate China.
COVID Delays Apple’s Production Shift Away from China
The tech giant is slowing plans to move production to Vietnam as border controls tighten to contain new variants of coronavirus outbreaks.
China Retail Sales Increase Only 8.5% in July
The Chinese economy's recovery from the pandemic is "losing steam as businesses grapple with higher costs and supply bottlenecks."
SEC to Tighten Disclosure Rules for Chinese Firms
“The disclosures of U.S.-listed Chinese companies have not met the threshold of disclosure for other companies headquartered in the U.S."
Regulators Can and Will Crack Down on Crypto
In a recent note to clients, UBS Bank said that regulatory crackdowns could pop the “bubble-like” crypto markets.
China Cryptocurrency Warning Leads to Crypto Selloff
Bitcoin dropped under $40,000 for the first time in three months, losing 15% of its value overnight.
PCAOB Proposes Rule for Foreign Audit Inspections
The rule provides a framework for implementing a new law that could result in the delisting of Chinese companies from U.S. exchanges.
Time for CFOs to Spark Up Relationships in China
Companies lacking a robust China re-engagement strategy risk paying a price in missed opportunities.
The Global Chip Shortage: Worst-Hit Industries
Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.
U.S. Adds Chinese Tech Firms to Export Blacklist
The Commerce Department says the companies were building supercomputers used by China for "destabilizing military modernization efforts."
SEC Unveils Rule on Oversight of Chinese Issuers
The regulator indicated how it will implement a law aimed at delisting Chinese companies that do not meet U.S. auditing standards.