More than 20 non-banking payment firms increased their capital last year, according to data from the People’s Bank of China compiled by Yicai. For example, WeChat’s payment platform Tenpay was …
Monthly Archives For January 2026
China Asks Banks to Report Exposure to Venezuela After US Raid
China’s top financial regulator asked its policy banks and other major lenders to report their lending exposure to Venezuela after the US ousted the South American country’s Beijing-friendly leader, …
MiniMax plans to price HK IPO at top of range on Chinese AI fervour, Bloomberg reports
MiniMax, backed by Alibaba Group Holding Ltd and Abu Dhabi’s sovereign wealth fund, is among the first of China’s post-ChatGPT generative artificial intelligence firms to go public.
90% of World’s Consumer-Grade 3D Printers Are Made in China, Insiders Say
“90 percent of consumer-grade 3D printers worldwide come from China, with 90 percent of those made by Shenzhen-based firms,” Ke Shuqiang, co-founder of Snapmaker, told Yicai. The company mainly …
(2nd LD) Lee arrives in Beijing for summit talks with Xi
President Lee Jae Myung arrived in Beijing on Sunday for summit talks with Chinese President Xi Jinping, with the leaders expected to focus on North Korea, economic ties and cultural exchanges. The four-day state visit…
Beijing warns of war over Taiwan ruling party’s move to rebrand cross-strait relations law
Proposed changes show that William Lai Ching-te’s administration and party are ‘peace destroyers, crisis creators and war instigator’.
China says it cannot accept countries acting as ‘world judge’ after US captures Maduro
Chinese Foreign Minister Wang Yi said Beijing cannot accept any country acting as the “world’s judge” after the United States captured Venezuela’s President Nicolas Maduro.
South Korea’s Lee begins China state visit after North fires missiles
South Korean President Lee Jae Myung began a state visit to China on Sunday, hoping to promote peace on the Korean Peninsula hours after rival North Korea launched ballistic missiles. The visit, Lee’s …
China seeks closer ties with Ireland, Xi tells Martin in Beijing
China is ready to strengthen strategic communication with Ireland and expand practical cooperation, while aiming to achieve mutually beneficial results, Chinese President Xi Jinping told Irish Prime Minister Micheal Martin on Monday.
Did Trump’s Venezuela move just change China’s Taiwan equation? Analyst sees strategic shock for Beijing
According to the analyst, China currently sources between 60% and 90% of Venezuela’s oil exports and roughly 85% to 90% of Iran’s crude. Together, those supplies account for an estimated 30% to 35% of China’s…
China’s Night Boom – Shenzhen’s Tech After Dark
Inside Shenzhen, China’s “Silicon Valley of Hardware”: 10,000 drone swarms, AI tennis courts, and dark sky sanctuaries. Welcome to the tech city that never sleeps.
China’s services growth hits 6-month low in December, shows private PMI
China’s services activity expanded at its slowest pace in six months in December, as growth in new business softened and foreign demand declined, a private-sector survey showed on Monday.
Canton Fair: Yumart Showcases Its Leading China Hot Sale Soy Sauce Brands To Global Buyers
As the international community converges for the latest cycle of the China Import and Export Fair, famously known as the Canton Fair, the strategic focus on authentic East Asian condiments has reached …