Bloomberg China is instituting a mass labour system in Tibet similar to the one in neighboring Xinjiang, the Jamestown Foundation said, despite intensifying global scrutiny of Beijing’s policies toward ethnic minorities. Tibet has since last year introduced policies promoting “the systematic, centralised, and large-scale training and transfer of ‘rural surplus labourers’” to other parts of Tibet and other regions, the ...

Bloomberg A battle for financial talent is intensifying in China, one of the few places worldwide where global banks are firmly in hiring mode. Credit Suisse Group AG this month hired a dozen analysts in China, almost half of whom used to work at UBS Group AG. UBS has scooped up more than 40 people from global and local firms. ...

Bloomberg HSBC Holdings Plc told its staff to stop posting on all the bank’s social media accounts over fears of “negative reactions” to the revelations in leaked suspicious activity reports. “Given the current news coverage, a decision has been taken to pause all HSBC proactive social media posts with immediate effect (except for customer responses in banking services), to avoid ...