China has lowered the ceiling of deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks’ profit margins and discourage savings.
Monthly Archives For May 2025
U.S., China hold first call since Geneva meeting, signaling progress in trade talks
The U.S. and China have agreed to maintain communication. The call came as Beijing and Washington continued to trade swipes at each other. Analysts say that the call is a “positive sign” following the …
Analysts downgrade China’s property price outlook in 2025 as trade tensions pose fresh risk: Reuters poll
Weakness in China’s property sector is expected to persist this year with home prices falling nearly 5% and set to remain stagnant in 2026, as low confidence continues to keep buyers at bay while the…
BYD dealership closures reveal financial pain in China’s auto market
A profound shift in direct-to-consumer model and promises of new tech has left many stuck with excess inventory.
Beijing sees a ‘victory’ with the US tariffs truce. What’s it aiming for next?
A surprise truce in a spiraling tariff war between the US and China last week was hailed by Chinese pundits as a success for the country. But Beijing is gearing up for a rocky path…
China Tightens Grip on Critical Metals Despite Global Diversification Drive
China has increased its dominance in critical minerals and rare earth refining despite global efforts to diversify supply chains, raising risks of major disruptions, according to the IEA.
China says U.S. dialogue to continue as Beijing hints trade talks are advancing
The U.S. and China have agreed to maintain communication. Both sides exchanged thoughts on crucial issues. The call came as Beijing and Washington continued to trade swipes at each other. The U.S. and …
U.S. reports cases of new COVID variant NB.1.8.1 behind surge in China
Preliminary data from researchers in China suggest the NB.1.8.1 variant is not better at evading the immune system compared to other strains on the rise, but it does have a greater ability to bind to…
Beijing remains consistent, firm despite impulsive levies
The primary architect and advocate of the extraordinarily reckless White House tariff project — widely labeled a “tariff tantrum” by leading Western media outlets — is Peter Navarro, key adviser to US …
AI hardware start-ups get fresh boost in Shenzhen with launch of US$1 billion funds
The Shenzhen government has launched funds of 5 billion yuan and 2 billion yuan dedicated to AI and robotics start-ups at the city’s AI expo China’s southern technology hub of Shenzhen is ramping up …
Cultural fair highlights link to tech innovations
The core exhibition area of the fair, which presents outstanding cultural and creative products from across China, has been expanded to 3,000 square meters. A separate AI pavilion displays the latest …
Trump hosts $148M meme coin dinner with global crypto elite at private club
Investors spent an estimated $148 million on the $TRUMP meme coin to secure their seats, with the top-25 holders spending more than $111 million.
Donald Trump Claims US Is ‘Dominating’ In Crypto & Bitcoin Ahead Crypto Dinner
Donald Trump has again affirmed that the US is leading the way when it comes to crypto and Bitcoin as he heads to the TRUMP crypto dinner.
