HONG KONG (AP) — Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande. The punishment is the heaviest yet for international accounting firms operating in China. PwC will be banned from signing off…
Republican presidential nominee former President Donald Trump and Democratic presidential nominee Vice President Kamala Harris participate during an ABC News presidential debate at the National Constitution Center, Tuesday, Sept.10, 2024, Source link
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WASHINGTON (AP) — The U.S. House this week approved a sweeping package of bills to counter China’s influence, shoring up a largely bipartisan push to ensure America comes out ahead in the competition between the world’s superpowers. The efforts would ban Chinese-made drones, limit China-linked biotech companies from access to the U.S. market, strengthen sanctions…
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PHNOM PENH, Cambodia (AP) — Cambodia’s Defense Ministry said Wednesday that China is giving its navy two warships of the type it has had docked for months at a strategically important base being expanded with Beijing’s funding, which has raised concerns of China establishing a permanent naval presence on the Gulf of Thailand. Ministry spokeswoman…
HONG KONG — A Hong Kong court on Thursday convicted one person and acquitted six others over a thwarted bomb plot during anti-government protests in 2019, in the city’s first case brought under a United Nations anti-terrorism law, according to local media. A panel of nine jurors convicted Lai Chun-pong of conspiring to cause explosions…