China has released guidelines to facilitate more efficient and standardised cross-border flows of Chinese and foreign financial institutions’ data, the central bank announced on Thursday.
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Exports of sanctioned Russian Arctic oil to China set to rise in April, sources say
Russia’s exports of Arctic oil to China are set to rise sharply in April after sellers offered wide discounts and shipment on non-sanctioned tankers to counter a U.S. embargo, analytics firm Vortexa and two Russian…
China has options: The U.S. may be more dependent on trade with Asia than President Trump realizes
Nicholas Gordon, Fortune’s Asia Editor, on how the U.S. may be more dependent on trade with Asia than President Trump realizes. The big story: Fed chair …
Can China Fight Deflation and Trump’s Tariffs at the Same Time?
China is facing a double whammy: corrosive deflation and tariffs that threaten to block trade. Chinese workers will be the biggest casualties.
China, US at impasse over who should start trade talks
China’s commerce ministry on Thursday urged the United States to stop putting “extreme pressure” on the world’s second-largest economy and demanded respect in any trade talks, but the two sides …
Nvidia CEO visits Beijing amid AI chip crackdown in US; stock plunges 7% on $5.5B China export hit
It came shortly after the U.S. government informed Nvidia that it would now need a license to export H20 chips to China and several other regions.
Ukraine parades captured Chinese fighters to expose Beijing’s involvement in war
Despite the potential reputational fallout, Ukraine publicly presented the captured Chinese fighters—an act that likely violates international norms protecting prisoners of war from media exposure. The goal seemed clear: to visibly contradict China’s denial and…
China Wants Countries to Unite Against Trump, but Is Met With Wariness
Beijing is using a mix of carrots and sticks to try to prevent other countries from siding with the United States in isolating China.
China commends Cambodia when asked about Taiwanese deportation
China on Thursday commended the Cambodian government for following the “one China principle” when asked to comment on their deportation of Taiwanese citizens to China earlier this week. China “highly appreciates” Cambodia’s handling of the…
China eyes U.S. services in response to ‘meaningless’ hikes on goods – report
China has sharply criticized the recent U.S. tariff hikes on goods as a “meaningless numbers game” and has shifted its retaliation strategy to target areas, including the American services which …
Chinese tea firm Chagee raises US$411 million in New York IPO, sources say
Chinese tea firm Chagee has raised US$411 million by setting the price of its shares at US$28 each in its New York initial public offering (IPO), according to two sources with direct knowledge of the…
Nvidia CEO Jensen Huang arrived in Beijing on Thursday, Chinese state media reports
Nvidia CEO Jensen Huang arrived in Beijing on Thursday, said Yuyuan Tantian, a social media account associated with Chinese state broadcaster CCTV.
China Stocks Face Risk of $800 Billion US Outflows, Goldman Says
US investors could be forced to offload around $800 billion of Chinese equities “in an extreme scenario” of financial decoupling between the world’s two largest economies, Goldman Sachs Group Inc.