Asian insurer FWD moves to shelve U.S. IPO

Hong Kong billionaire Richard Li’s FWD Group Holdings Ltd. has moved to withdraw its multibillion-dollar initial public offering in New York, the company said, amid rising tensions between China and the U.S.

Biden admin says Huawei is 'national security threat'

After an investigation into Chinese tech giant Huawei linked the massive company to mass surveillance campaigns by the Chinese Communist Party, the National Security Council says the White House is as cautious as ever toward the enigmatic conglomerate.

Beijing reins in China’s central bank

The People’s Bank of China has never been politically independent, but it has enjoyed a special status. Now, President Xi Jinping’s shakeup of China’s financial sector is stripping that away.

US steps up disclosure pressure on Chinese companies

Chinese companies will have to disclose more information about audits and whether they are controlled by a government or else leave U.S. stock markets under a rule approved by securities regulators.