Brazilian Federal Police on Tuesday launched an operation called Tai-Pan against a Chinese criminal organization accused of currency evasion and money laundering involving almost 6 billion reais ($1 billion) in the past five years, with China being the main
Swiss bank UBS may become the first foreign financial institution to fully own a securities company in China, following the withdrawal of one of its partners from their joint venture, UBS Securities. Beijing State-owned Assets Management (BSAM) said it will
The Chinese regime has rejected claims that its defense minister, Adm. Dong Jun, is under investigation for corruption. Experts say the emergence of such speculations signals brewing power struggles within the Chinese military. “It’s just shadow chasing,”
Three Americans are finally heading home after years in Chinese custody. The United States reportedly brokered a high-stakes prisoner swap, securing their release after being “wrongfully detained” in China. President-elect Donald Trump names a veteran from his