BEIJING (Reuters) – China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial services not yet available in the country in some free trade …
FINANCE
China Levels the Playing Field for Foreign Financial Firms
China is set to grant foreign financial institutions the same treatment as domestic ones in offering innovative financial services within some free trade zones. This move, announced by the central …
China to allow foreign institutions to offer new types of financial services in free trade zones
China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial services not yet available in the country in some free trade zones, the central …
China orders pay cap at state-owned financial firms, sources say
China is set to impose a 1 million yuan ($137,309) cap on the annual income of staff at central government-owned financial institutions, three sources said, expanding a campaign against excess against …
Trump says new 10% tariff on China could come by Feb. 1, repeating November pledge
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
Here’s why China’s EV makers have a good reason to delay paying bills
The biggest producer of electric cars last year was a high accounting risk because of the unprecedented scale of financing from its supply chain, analyst Nigel Stevenson wrote …
This is what’s holding China back in AI: Cloudflare CEO
CEO Matthew Prince shared his insights on China’s artificial intelligence (AI) landscape with Yahoo Finance Executive Editor Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland.
China’s 2024 non-financial outbound direct investment rose 10.5% on year
China’s non-financial outbound direct investment rose 10.5% year-on-year in dollar terms in 2024 to $143.9 billion, the country’s commerce ministry said on Tuesday.
Beijing’s US$3.2 trillion question: how much of China’s forex reserves go to Hong Kong?
The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub status China’s central bank chief Pan Gongsheng promised to park more of …
The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub status
The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub status.
Elon Musk had a pre-inauguration meeting with China, lining him up as a Trump-Beijing intermediary
On the eve of Donald Trump’s inauguration, China’s envoy to the event, Han Zheng, met with JD Vance just before he takes the vice presidency. With Xi Jinping not attending, it’s the highest-level …
A trade war with China is coming as Trump takes office: Bremmer
Eurasia Group founder and president Ian Bremmer warned Monday that he believes the US is headed for a trade war with China just as Donald Trump assumes the presidency for the second time.
HSBC, Standard Chartered, Bocom can now open mainland China accounts for Hongkongers
HSBC, Standard Chartered Bank, and Bank of Communications (Bocom) on Monday started helping Hongkongers open mainland bank accounts remotely, the latest move in a broader effort to make it easier for …
