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
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
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
China's State Administration for Market Regulation issues a link=yes.2 billion ($2.78 billion) fine against technology company Alibaba over anti-competitive practices which forced merchants to choose one of two platforms, rather than being able to work with both. 2021-04-10
State-run oil company Saudi Aramco suspends plans to build a US$10 billion oil refinery in Liaoning, China, due to decreased global demand for oil. Its Chinese partners said they will press ahead with the project. 2020-08-21
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
A Chinese court sentences Zhang Zhongsheng, the former Vice Mayor of Lüliang, Shanxi, to death. Zhongsheng was convicted of accepting bribes totaling 1.04 billion yuan (US$160 million). 2018-03-28
The Central Bank of Russia announces it will start buying the Chinese yuan in an attempt to diversify its foreign-currency reserves away from the Euro and the U.S. dollar and to become less vulnerable to Western sanctions. 2016-07-5
Chinese state television reports Guo Youming, former deputy governor of Hubei province, is found guilty of taking bribes totaling more than 23.8 million yuan ($3.70 million). Guo is the latest to be convicted as a result of China's paramount leader Xi Jinping's anti-corruption campaign that started when Xi took Party general secretary office three years ago. 2015-12-9
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