TOKYO — Japan’s MUFG Bank has received a license from the People’s Bank of China to act as a settlement agent in the country’s interbank bond market, Nikkei has learned. Overseas investors are in principle required to use transaction agents to directly trade in the bond market in mainland China. […]
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US weighs revoking China Telecom’s license
WASHINGTON — U.S. President Donald Trump’s administration on Thursday said it would consider revoking a business license granted to Chinese state-owned telecommunications giant China Telecom. The administration is concerned that the Chinese government will launch cyberattacks or steal information through China Telecom and has identified the company as a national […]