Corruption Clouds: Former Arms Executive Under Investigation；Rural Revitalization: China Calls for F скачать в хорошем качестве

Corruption Clouds: Former Arms Executive Under Investigation；Rural Revitalization: China Calls for F

Welcome to our show, "Chinese Finance and Economy Briefing"! Today, we dive into some intriguing developments from the world of Chinese finance. First up, we have the shocking news that Xue Jianguo, a former executive of China's largest arms manufacturer, is now under investigation for alleged corruption. This investigation is part of a larger anti-corruption campaign targeting several executives, raising questions about accountability in the defense sector. Next, we turn our attention to rural revitalization efforts in China. The State Council is urging local governments to exercise fiscal responsibility in their projects, especially with the looming threat of local debt. With a significant rescue package recently approved, the focus is on aligning investments with financial capabilities while addressing genuine rural needs. It's a balancing act that could shape the future of rural development in the country. Finally, we have some concerning news from Tianqi Lithium, which is anticipating a staggering loss of up to $1 billion due to price slumps. This marks a sharp contrast from their previous profits, and analysts are keeping a close eye on their recovery prospects. Can they bounce back as lithium prices stabilize? Stay tuned to find out. Please continue watching for more in-depth coverage! #JackMa #PBOC #Us-chinaTrade #ChinaEconomy #ChinaTrade #ChinaExports #ChinaInvestment #ChinaGDP #LiQiangChinaEconomy #Alibaba