Chinese President Xi Jinping congratulated Queen Elizabeth on her Platinum Jubilee on Sunday, while also calling for closer bilateral ties in the face of global challenges. In his message, Xi said the …
FINANCE
China’s Forex Reserves Slips in January as US Dollar Gains, Asset Prices Fall
China’s forex reserves came to USD3.22 trillion at the end of last month, down USD28.5 billion from December, data released by the State Administration of Foreign Exchange showed yesterday. The …
AP PHOTOS: A Day 3 filled with crashes at Beijing Olympics
Favored to defend her gold medal in the giant slalom, Shiffrin instead lost control and ended with a rare DNF —Did Not Finish. Monday’s race was delayed for about 15 minutes when Nina O’Brien slid…
Bank of China loses bid to toss $37m lawsuit by NSW developer The Gosford
The Bank of China has failed in its legal bid to throw out a 37m lawsuit accusing the bank of misleading a Central Coast property developer over a 185m contract with a Shanxi Construction Group…
China’s yuan inches higher but gains capped by weak stocks
China’s yuan was firmer against the dollar on Tuesday but gains were capped by tumbling mainland stocks, which weighed on investor sentiment and as traders awaited key U.S. inflation data due later in …
China Shares May See Renewed Selling Pressure
The Shenzhen Composite Index gained 23.62 points or 1.04 percent to end at 2,285.99. Among the actives, Industrial and Commercial Bank of China jumped 1.72 percent, while Bank of China collected 1.29 …
China’s Taking on a Risky Bubble Deflation Experiment
By any standards, China’s property bubble looks epic … “it is almost impossible to stabilize prices,” as Michael Pettis, a professor of finance at Peking University, observed last year in …
Chasing Gold 🥇: USA still looking for gold in Beijing amid a lot of disappointment
The United States is off to a less than stellar start at the 2022 Winter Olympics in Beijing. While the U.S. did score a silver medal in the figure skating team event, Mikaela Shiffrin did…
I Used to Feel Guilty Rooting for China. Olympian Eileen Gu Vindicated Me.
“China or the US?” The question seemed innocuous enough, yet the stakes felt high. Having emigrated at 8-years-old, I thought of my Chinese passport, specifically the corner of my passport …
Pakistan, China call for release of Afghan bank assets
Pakistan and China have called for the release of Afghan bank assets to improve the humanitarian situation in the country. Pakistan Prime Minister Imran Khan who was invited to Beijing for the …
2 China ETFs to Consider as Country Rebounds from 2021
China is also looking to shore up its financial system with the introduction of money laundering regulations. This could help ETFs like the Global X MSCI China Financials ETF (CHIX). CHIX follows the …
Easing COVID curbs could cause 2 mln deaths: China study
China is the only major economy sticking with a zero-COVID … Hong Kong is following the mainland’s strategy. The global financial hub reported a record 614 new COVID-19 cases on Monday (February 7), …
Rumor That SoftBank To Sell Alibaba Stake Weighs On China Internet
Alibaba weighed on China internet stocks as Tencent fell -0.21% and Meituan … Healthcare had a good day as Wuxi Biologics gained +1.32% after announcing strong financial results. The Year of The …
