Swiss bank UBS may become the first foreign financial institution to fully own a securities company in China, following the withdrawal of one of its partners from their joint venture, UBS Securities. Beijing State-owned Assets Management (BSAM) said it will Swiss Bank UBS Aims for Full Ownership of Securities Firm in China
Swiss bank UBS may become the first foreign financial institution to fully own a securities company in China, following the withdrawal of one of its partners from their joint venture, UBS Securities. Beijing State-owned Assets Management (BSAM) said it will
The Chinese regime has rejected claims that its defense minister, Adm. Dong Jun, is under investigation for corruption. Experts say the emergence of such speculations signals brewing power struggles within the Chinese military. “It’s just shadow chasing,”
Three Americans are finally heading home after years in Chinese custody. The United States reportedly brokered a high-stakes prisoner swap, securing their release after being “wrongfully detained” in China. President-elect Donald Trump names a veteran from his
Volkswagen said on Wednesday it would sell its operations in China’s far-western Xinjiang region, citing its need to maintain business competitiveness and emphasizing that the company is primarily geared toward manufacturing traditional gas-powered cars, a focus