BEIJING — China will steadfastly advance the digital transformation of its financial institutions and accelerate the construction of digital finance infrastructure, according to a recent action plan.
FINANCE
China Stimulus Hopes Drive Emerging-Market Stocks Higher
Emerging-market stocks rose, reversing earlier losses, as speculation intensified that China’s authorities will roll out fresh stimulus measures next month amid the threat of US imposed tariffs.
Stock market today: World shares are mixed, with China benchmarks higher despite tariff talk
World shares are mixed with Chinese stocks leading gains after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs
China’s move to centralise oversight of financial sector shouldn’t be feared
Stronger party control over the financial sector will allow the building of a more cohesive framework for further orderly decentralisation In 2017, at its highest-level financial work conference, …
‘Shadow-chasing’: China on FT report that its defence minister is being probed for corruption
Chinese Foreign Ministry spokesperson Mao Ning called the FT report ‘just shadow-chasing’ which cited US officials as saying that China’s Defence Minister Dong Jun has been placed under investigation …
Volkswagen Sells Plant In China’s Xinjiang Region After Years Of Forced Labor Allegations
Earlier this year, the U.S. blocked imports of several Porsche, Bentley, and Audi vehicles amid concerns that they contained a Chinese-made part that violated U.S. forced labor laws.
China calls report that Defence Minister Dong Jun is under probe ‘shadow-chasing’
China’s foreign ministry, responding to a question about a report saying the Chinese Defence Minister Dong Jun has been placed under investigation for corruption, said on Wednesday that it was “just …
China Firms’ FX Debt Slump Cuts Yuan Risks as Trump Tariffs Loom
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan faces growing uncertainties under Donald Trump’s second presidency.
China’s defense minister faces corruption probe: Report
If reports are true, Dong Jun would be 3rd defense chief, who serves as diplomatic chief of Chinese military, to face such investigation – Anadolu Ajansı …
China’s new push for early marriage to tackle birth crisis
The authorities in Luliang, China, are offering financial rewards to couples who marry before the woman turns 35. This is in response to the demographic crisis in the country. The authorities of the …
China’s defence minister Dong Jun under investigation for corruption amid huge purge
A shadow looms over China’s military leadership as their defense minister has been caught in a corruption storm.
Exclusive-China’s Hesai to halve lidar prices next year, sees wide adoption in electric cars
SHANGHAI (Reuters) – China’s Hesai Group, the world’s largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to…
China Companies Cut Foreign-Currency Debt Just in Time for Trump
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan faces growing uncertainties under Donald Trump’s second presidency.
