Sources: Market Watch
Prosecutors in China charge multiple funeral directors with selling more than 4,000 corpses to two major medical companies over several decades. Police seized 18 tonnes of bones and 34,000 semi-finished products, with the thieves having earned around 380 million yuan (US$53 million) before they were arrested. 2024-08-9
The International Monetary Fund (IMF) resumes its US$2.9 billion bailout for Sri Lanka, releasing a $337 million tranche, after the country secures a debt restructuring agreement with China, its largest bilateral creditor. 2023-12-12
China bans the use of iPhones for government officials resulting in the market value of Apple Inc. stock declining by $200 billion in the past two days. 2023-09-7
Brazil and China sign an agreement to trade in their own currencies, ceasing the usage of the United States dollar as an intermediary. 2023-03-29
Chinese Foreign Ministry spokesman Wang Wenbin announces that China will sanction American defense contractors Lockheed Martin and Raytheon after the United States approved a US$100 million missile defense repair deal between the two companies and Taiwan. 2022-02-21
Tajikistan approves the construction of a new US$10 million Chinese military base near its border with Afghanistan, and in a separate statement offers to hand over a pre-existing base to China and waive future rent payments on the base in exchange for military aid. The approval comes as the Tajik government expressed concerns about the worsening security situation along the border after the Taliban took over Afghanistan a few months prior. 2021-10-27
Indian Minister of Power R. K. Singh announces that India will halt the importation of US$2.8 billion worth of Chinese power equipment due to heightened tensions between the two nations. 2020-07-3
Wu Xiaohui, head of Chinese insurance firm Anbang, is jailed for eighteen years for fraud and corruption. He is further sentenced to have 10.5 billion yuan confiscated. 2018-05-10
Australian Prime Minister Julia Gillard, on a trip to Shanghai, China, announces that the Australian dollar is set to trade directly with the Chinese yuan, becoming the third currency to do so. 2013-04-8
China loosens controls on the yuan, allowing it to fluctuate up to 1% in trading against the United States dollar, up from 0.5%. 2012-04-15