China is expanding the geographical coverage of its yuan-based international payment system, adding banks in Central Asia and other regions. The growing reach …
Monthly Archives For June 2025
China’s former Vice Finance Minister Zou Jiayi is AIIB’s new President
China’s former Vice Finance Minister Zou Jiayi was on Tuesday named as the next president of the Asian Infrastructure Investment Bank (AIIB) here. The AIIB B …
China’s AIIB elects former anti-corruption official as new president
Zou Jiayi has been elected as the next president of the Asian Infrastructure Investment Bank (AIIB) by the group’s board of governors. View on euronews …
A Strait of Hormuz crisis could hit global oil, but China may be less vulnerable than it looks
China has been diversifying its sources for oil imports well before the current Middle East tensions.
With much to lose, China sat on Israel-Iran war’s sidelines as U.S. flexed
Sitting on the sidelines amid this dramatic geopolitical upheaval, with much to lose over the spiraling conflict and ambitions to influence policy in the Middle East, was China. “China has little …
China issues guidelines on financial support to boost consumer spending
The People’s Bank of China and five other departments released guidelines aimed at strengthening financial support for consumption on Tuesday, taking a pragmatic, coordinated step toward expanding …
Starbucks considering sale of China business – Caixin Global (update)
ET with a statement from Starbucks. Starbucks (NASDAQ:SBUX) is reportedly considering a full sale of its China operations, according to sources cited by Caixin Global. Shares were launched higher on …
China on cusp of seeing over 100 DeepSeeks, ex-top official says
TIANJIN] China’s advantages in developing artificial intelligence are about to unleash a wave of innovation that will generate more than 100 DeepSeek-like breakthroughs in the coming 18 months, …
Factbox-China’s heavy reliance on Iranian oil imports
SINGAPORE (Reuters) -China is the main buyer of oil from Iran, which accounts for roughly 13.6% of purchases this year by the world’s largest crude importer, leaving Beijing uniquely exposed to any …
China doubles 2025 naphtha import quotas, sources say
NEW DELHI/SINGAPORE (Reuters) -China has issued a second batch of 2025 naphtha import quotas, nearly doubling last year’s allocations, as demand rises due to disruptions in U.S. supplies of cheaper …
Starbucks reportedly denies plans to sell China operations amid market speculation
Problems Keep Percolating For This Coffee King Starbucks: Long-Term Investors Could Be Rewarded Despite Market Scepticism Starbucks: I Have Been Skeptical For A Reason Starbucks considering sale of Ch …
Crossover to China: Finding my new homecourt
We pulled up to Anta’s basketball flagship store in Shenzhen last week, and there was a full court in the middle of the place. Wall-to-wall visuals. Crowd was insane. The energy took me back to…
Wang’s journey from Beijing to Canada sets him to become 3rd Chinese-born player picked in NHL draft
Invited to watch his first hockey practice at an ice rink in Beijing, Haoxi Wang was no different than any impressionable, wide-eyed 4-year-old being fascinated by the equipment the players wore. They …
