Takeover of Baoshang Bank by the Chinese government is an indication of a new economic crisis

Takeover of Baoshang Bank by the Chinese government is an indication of a new economic crisis

Beijing: The Chinese government has acquired the Baoshang bank that was heading towards bankruptcy. This is the first instance of the Chinese government taking over a private bank in the last two decades. This exposes the weakness of the Chinese banking sector, credit availability and economy, and these are indications of the beginning of a […]

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US criticizes China for depriving its citizens of their religious freedom

US criticizes China for depriving its citizens of their religious freedom

Washington: The policy implemented by the Chinese government regarding the religious freedom of its people is a matter of concern for the United States, criticized US Secretary of State, Mike Pompeo. He further went on to claim that the issue was also raised during the discussions with China. A few days ago, an international news […]

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