The People’s Bank of China (PBOC) maintained its benchmark lending rates at record lows for the 15th consecutive month in August 2026, matching market expectations. The one-year loan prime rate (LPR), …
FINANCE
China eases limits on Nvidia H200 chips as AI race escalates
Small batches of Nvidia’s H200 chips have been allowed to enter mainland China, as Beijing tries to aid its leading AI companies in the …
Beijing Just Aimed at Taiwan Semiconductor Manufacturing Company (NYSE:TSM). Here’s Why the Bull Case Still Wins
On July 21, the Financial Times reported that China’s Ministry of Commerce is considering implementing export controls that would bar Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and …
China triples digital yuan bank roster year-to-date as eight more banks join network
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week.
2026 CIFTIS One-Month Countdown Promotional Events Held in Beijing
On August 10, the “Meet CIFTIS · Share the Future” press conference and a series of promotional events for the 2026 China International Fair for Trade in Services (CIFTIS) were held at Shougang Park …
House committees detail alleged Harvard financial ties with China in new report
Investigators said they found more than 140 research papers co-authored by Harvard-affiliated researchers and Chinese institutions directly tied to the People’s Liberation Army and China’s defense …
China’s ‘national team’ ditches Kweichow Moutai in move that adds to valuation woes
Central Huijin Investment and China Securities Finance are not among Kweichow Moutai’s top 10 shareholders as of second quarter China’s state-backed funds are pulling out of Kweichow Moutai, adding to …
China expands digital yuan network with 8 new banks to accelerate adoption
China launched the digital yuan in 2019, but retail adoption has been slow as Chinese consumers are accustomed to using Alipay and WeChat Pay.
China Adds Eight Banks to Digital Yuan Network in Latest Expansion
The central bank’s second approval round of 2026 brings the number of e-CNY operators to 30 and broadens the currency’s footprint in banking, capital markets and daily payments …
Couples in China are saying ‘I do’ in unconventional venues like banks, malls and metro stations
Amid efforts to reverse falling marriage rates, local governments are offering Chinese newlyweds unconventional venues to register their marriage.
China expands digital yuan operating institutions to 30
China’s central bank has expanded the number of banking institutions authorized to operate digital yuan businesses to 30, as part of efforts to promote the steady development of the central bank …
Guangdong Launches ‘Token Loan’ to Finance China’s Booming Computing-Power Sector
Guangdong province has recently launched the “Token Loan,” which is the southern Chinese province’s first dedicated financial product for the “token economy,” aimed at better serving computing-power …
China July bank loans post record contraction as credit demand falters
By Kevin Yao and Shi Bu BEIJING, Aug 14 (Reuters) – China’s new yuan loans posted a record contraction in July, missing forecasts as seasonal factors and weak household credit demand weighed on …
