China’s central bank governor has said he expects a new global currency order to emerge after decades of dominance by the US dollar, with the renminbi competing in a “multi-polar international …
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CNBC’s The China Connection newsletter: Chinese exporters increasingly need to build brands to survive
The game for survival has changed in China’s fast-growing industry of smaller businesses selling overseas via the internet.
Most of the potential bidders for TikTok don’t fit both Washington and Beijing’s requirements
Ben Harburg, managing partner at Novo Capital, says the U.S. should make sure it doesn’t sacrifice too much in any deal to keep TikTok alive as China doesn’t value the company as much as Trump…
China’s Central Bank Wants a Multi-Currency World — Led by the Digital Yuan
China’s central bank chief has called for a shift from dollar dominance toward a multi-currency system led in part by the digital yuan.
China will issue remaining consumer goods subsidies at stable rate, state media says
China will issue the rest of its consumer goods trade-in funds in an orderly manner and the central government is now guiding local governments to use the funds at a stable pace, state media …
Trump’s $499 ‘U.S.-built’ smartphone will most likely be made in China
The Trump Organization’s newly announced smartphone will most likely be made in China, experts say, despite claims that the device will be manufactured in the U.S.Owned President Donald Trump, the …
China’s central bank chief warns against unilateralism in currency, payments policies
China’s central bank boss warned that the global monetary system could be “weaponised” and politicised by dominant countries, as the country navigates an uneasy trade truce with the US.
China Will Hike Quota for Investors Buying Overseas Assets
China will allow some local investors to put more of their money into overseas assets, a sign Beijing is opening up its financial market as the yuan steadies.
Foreign institutions key to China’s modern financial system
Foreign institutions are important participants and active contributors to the construction of China’s modern financial system, Li Yunze, head of the National Financial Regulatory Administration, said …
China to open new centre to boost yuan’s global reach
China’s central bank governor on Wednesday said the country will set up an “international operations centre” for the digital yuan as part of efforts …
China’s electric car revolution is eating itself
In the world’s biggest market for electric cars, a sales miracle is turning into a “Darwinian battle” for survival. The number of electric vehicles (EVs) sold in China rocketed to 6.4m last year, …
China to loosen IPO restrictions by reinstating listings of unprofitable start-ups: CSRC
China plans to resume listings of unprofitable start-ups on its technology boards in an effort to support the nation’s drive toward technological self-sufficiency and roll back curbs on the initial …
Analysis-China’s big feed shift to curb soybean imports, strain small farmers
China’s move to curb the use of soymeal in animal feed to reduce its dependence on imports is feasible but will be costly and technically challenging for the smaller farmers who account for one-third …
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