In a dramatic escalation, China has just announced a formal ban on the export of key materials, gallium, germanium, and antimony, to the US, just one day after Washington announced tightening its restrictions on Beijing, especially on semiconductor. These restrictions increase tensions between the two global superpowers, and the implications could be far reaching for […]
China Banking and Insurance Regulatory Commission
China will form a new national financial regulatory body, consolidating oversight and replacing its banking and insurance watchdog as part of a wider government overhaul announced on Tuesday that includes plans for a national data bureau. The financial regulation proposal, presented to China’s parliament during its annual meeting, would bring supervision of the industry, excluding […]