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
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
The Chinese Foreign Ministry announces that China will provide 5 million yuan ($790,000) in humanitarian aid to Ukraine. 2022-03-9
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
Two further Chinese real-estate developers, Fantasia Holdings and Sinic Holdings, with liabilities of $12.8 billion and $14.2 billion respectively, both fail to make bond payments amid tightening resource availability after Evergrande raised investor concerns, and were both downgraded to "CCC" or "substantial credit risk". 2021-10-5
The price of copper exceeds US$10,000 per tonne for the first time since February 2011. Analysts cite a strong demand in China and the weakening of the U.S. dollar for the increase in price. 2021-04-29
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
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