Access to satellite-aided remote sensing – an outgrowth of China’s space technology since its commercialisation kicked off in 2014 – helps banks track assets such as property and vehicles for which …
FINANCE
Beijing Bans Its Tech Companies From Accepting American Investment
Moby THE GIST. China will forbid its leading tech firms, including ByteDance, Moonshot AI, and StepFun, from a …
China Implements Sweeping Ban on Cryptocurrency Advertising in New Online Finance Regulations
China introduces strict regulations banning crypto promotion and restricting online financial marketing to licensed firms, targeting platforms and influencers.
China opens government bond futures to select foreign investors in reform push
Qualified foreign investors can trade government bond futures, enhancing market access and boosting the yuan’s appeal amid global tensions.
Tesla (TSLA) maxes out $5.8 billion Chinese bank debt facility as China sales crash
Tesla’s Q1 2026 10-Q reveals the company has fully drawn its China Working Capital Facility to $5.8 billion — up 35% in one quarter — while retail sales in China crashed 16%.
Why Anthropic’s Mythos has energised China’s cybersecurity industry
Following the Mythos announcement on April 7, shares of major Chinese cybersecurity firms rose for several consecutive days.
China’s Aito Targeting 1 Million Annual Vehicle Sales by 2030
Huawei-backed Chinese EV brand Aito aims for 1 million annual sales by 2030, focusing on global expansion and advanced autonomous driving technology.
China banks accelerating global expansion
As Chinese banks accelerate their global push in support of the country’s high-level opening-up, international expansion is rapidly emerging as a new battleground.
China keeps benchmark lending rates unchanged as economic growth revs up, Mideast risks loom
The upbeat economic growth has reduced the urgency for fresh stimulus measures, prompting economists to postpone forecasts on the timing of interest rate cuts.
Ecobank, Bank of China eye yuan settlement platform to cut dollar dependence
The proposed platform would allow businesses to settle transactions directly in Chinese yuan, bypassing the US dollar and reducing conversion costs that have long weighed on African firms engaged in …
China’s Yuan: The Undervalued Contender in Global Currency Debate
China’s yuan, or renminbi, appears strong against the U.S. dollar, yet is widely considered undervalued when assessed by economic fundamentals. Despite China’s substantial current and trade surpluses, …
Exclusive-Ecobank in yuan‑settlement talks with Bank of China amid Africa trade shift
By Duncan Miriri NAIROBI, April 21 (Reuters) – Pan-African lender Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year end, its …
China to Sell USD17.5 Billion of Ultra-Long Special Treasury Bonds, First of 2026
(Yicai) April 20 — China’s finance ministry will issue the first batch of this year’s ultra-long special treasury bonds on April 24, totaling CNY119 billion (USD17.5 billion) and accounting for about …
