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NEW YORK (AP) — Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist Party won him legions of online followers and powerful friends in the American conservative movement, was convicted by a U.S. jury Tuesday of engaging in a massive multiyear fraud that ripped off some of his most devoted fans.
PricewaterhouseCoopers is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an exodus of clients darken business prospects.
The European Union (EU) remains an attractive market for China’s automakers even after the bloc imposed 17-38% tariffs on Chinese electric vehicles (EVs) earlier this month, said a Hong Kong-based prominent academic.
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US Gen. Charles Brown Jnr, chairman of the Joint Chiefs of Staff, met Philippine military chief Gen. Romeo Brawner in Manila on Tuesday and discussed ways to further boost defence ties, enhance the militaries’ ability to operate jointly and ensure regional ability, the Philippine military said.
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.