In truth, local officials are motivated more by desperation than greed. Across provinces, counties and cities, they are responsible for the bulk of government spending. But much of China’s tax revenue …
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Meet the British expat finding connection in Shenzhen through maths, family life and park runs
Meet the British expat finding connection in Shenzhen through maths, family life and park runs British expat Martin Crozier calls Shenzhen home. Through park runs, maths meetups and family life, he …
Why holding China accountable for coronavirus is just the tip of the …
Officials in the Biden administration hammered China’s lack of transparency ahead of a World Health Organization report on the origins of the coronavirus. (Video: JM Rieger/The Washington Post …
US Ally Issues Warning Over China Military Expansion in Pacific
Beijing has repeatedly accused the Philippines of being in a pawn in U.S. efforts to contain China’s rise and touted bilateral dialogue with its neighbor as the only solution to their territorial …
Why China’s yuan can be safe-haven currency – former bank official flags its ‘advantages’
The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for capital-control flexibility and greater efforts to boost foreign participation. The …
Uniqlo Owner’s Quarterly Profit Drops on Weaker China Business
Fast Retailing reported lower third-quarter net profit as its Uniqlo business struggled in China amid weak consumer appetite in the world’s second-largest economy.
EU lawmakers rebuke China over rare earth curbs before summit
The European Parliament condemned China on Thursday over its export restrictions on rare earths and insisted the European Union must reject any attempts by Beijing to use the restrictions to force …
China solar stocks surge as Beijing moves to calm price wars
Some China solar stocks jumped sharply on Thursday, continuing a multi-day rise on news that Beijing wants to dampen aggressive price cutting that has driven down prices of some components by nearly …
China’s Ant Group With 1.4B Users Taps Circle to Integrate USDC
Ant Group partners with Circle to integrate its stablecoin USDC into its global blockchain platform, marking a major step in regulated stablecoin adoption.
Ali Baba’s Ant Group Taps Circle To Bring USDC Into China’s Blockchain Ecosystem
Alibaba’s Ant Group is working with Circle to bring USDC into its blockchain network. The move could dramatically expand USDC’s reach, especially in Asia. Ant …
Trump is threatening tariffs on a Beijing-backed group. What’s got him so worried?
As US President Donald Trump wages a trade war across the globe, a new target has come into his line of fire: the BRICS group of emerging major economies.
Chinese Property Shares Surge on Unverified Reports of Meeting
A gauge of Chinese property shares jumped the most in nearly nine months, fueled by speculation a high-level meeting will be held next week to help revive the struggling sector.
Jack Ma’s Ant Group plans to integrate Circle’s stablecoin on blockchain platform – report
Jack Ma-backed Ant Group, an affiliate of China’s e-commerce giant Alibaba Group (NYSE:BABA), is working with Circle Internet Financial (NYSE:CRCL) to bring the USDC stablecoin to its blockchain …
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