Having rebounded from its worst month since 2019, China’s yuan is facing a new wave of selling pressure as hundreds of companies prepare to exchange the currency to pay dividends.
Monthly Archives For April 2021
China Accounts For More Than A Fifth Of New Forbes Midas List, Underscoring Growing Tech Clout
China may have lost the top spot on the new Forbes Midas List on Tuesday, but the country still had a bigger overall presence on this year’s rankings of the world’s top venture capitalists compared…
China facing economic crisis as population peak nears, PBOC adviser says
Consumption set to slump after population tops out in 2025, says Cai Fang, a member of the central bank’s monetary policy committee.
Analysis-China’s green car credit scheme turns up heat on carbon-emitters
A policy shift by China’s government is ratcheting up pressure on automakers to hasten development of green vehicles or pay rivals such as Tesla Inc and Chinese startups for green credits. Regulators …
China’s Star Market introduces new listing rules that could freeze out Ant Group for good
The fintech firm has been ordered to restructure its operations, a change that could see it barred from the Shanghai-based exchange.
China’s used electronics trading platform Aihuishou eyes up to $1b in US IPO
Chinese secondhand electronics trading platform Aihuishou is aiming to raise $500 million to $1 billion in a U.S. initial public offering by early June, said two people with direct knowledge. The …
China to expand digital yuan experiments: Central bank vice governor
China is one of the frontrunners in the global race to launch central bank digital currencies to modernise financial systems, ward off the threat from cryptocurrencies like bitcoin and speed up …
What does Biden-Suga meeting mean for China?
Friday’s meeting between U.S. President Joe Biden and Japanese Prime Minister Yoshihide Suga was Biden’s first in-person summit with a foreign leader since his January inauguration. What do the talks …
US, China Pledge Urgent Climate Control Measures
China and the United States, the world’s two biggest carbon polluters, have reached a new agreement to take urgent measures to curb climate change. The two countries said in a joint statement late …
U.S.-China cooperation on sustainable finance “positive step” for world: IMF chief
It is a “positive step” for the world that the United States and China are cooperating on sustainable finance under the Group of 20 (G20), International Monetary Fund (IMF) Managing Director …
Promise of China’s Sinovac jabs considerable: Yale professor
Chile has found that China’s Sinovac vaccine provides significant protection against COVID-19 infection and is more effective in preventing serious cases. CGTN talks to Professor Sten Vermund, dean of …
U.S. & China agree to curb carbon emissions
Watch “U.S. & China agree to curb carbon emissions ahead of President Biden’s Earth Day event”, a CBSN video on CBSNews.com. View more CBSN videos and watch CBSN, a live news stream featuring original …
China is studying crypto as an investment tool, says PBoC deputy governor
Former PBoC president Zhou Xiaochua and recently appointed deputy governor Li Bo both spoke regarding the digital yuan and cryptocurrencies at the Boao Forum in southern China.
