In recent years, China has emerged as a formidable force in the global economic landscape, and its ambitions in the realm of digital finance are no exception. With the continued evolution of global …
FINANCE
Xi Warns Unpaid Bills to Companies Could Damage Trust in Beijing
President Xi Jinping warned that the Chinese government’s delayed payments to companies risk undermining people’s trust in the authorities, in a sign that Beijing is taking more seriously the problem …
FAW, China’s oldest carmaker, eyes 10% of Leapmotor to boost stake in EV surge
FAW Group, mainland China’s oldest carmaker, plans to acquire a 10 per cent stake in Stellantis-backed electric vehicle (EV) maker Leapmotor, as the state-owned automotive giant looks to enhance its …
China Financial Services Holdings Issues Profit Warning Amid Economic Uncertainty
Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. China Financial Services Holdings Limited ( (HK:0605)) has shared an announcement. China …
Will Nvidia be able to sell to China? Wall Street can’t agree.
Some analysts say China is fully “de-risked.” Others see a business facing “unsupportable” geopolitical reality. For Nvidia, billions are on the line.
Boeing in Talks to Sell As Many As 500 Planes to China, Report Says
Boeing is said to be in talks with Chinese officials about the sale of up to 500 planes to that country. Bloomberg reports an agreement would be a key part of ongoing trade talks between…
Can China cope with a deindustrialised future?
China regulates accountancy, law, retail and even estate agents more tightly than the average member of the OECD, a club of mostly rich democracies. And China’s urban sprawl makes it difficult to reap …
Yirendai: Q2 Earnings Snapshot
Yirendai Ltd. (YRD) on Thursday reported earnings of $49.9 million in its second quarter. The Beijing-based company said it had net income of 57 cents per share.
Trump tariffs live updates: Bessent says US happy with China trade setup
Bessent went on to add in a further interview with CNBC he expects tariff revenues under President Trump to exceed his earlier $300 billion estimate, with the money going to pay d …
Is A Global Currency Reset Possible? China Moves In To Launch Yuan-Backed Stablecoins
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global currency reset …
China stablecoin shift: Beijing mulls yuan-backed tokens to push global adoption; plans major policy reversal
China might permit yuan-backed stablecoins. This move aims to enhance the yuan’s global presence. The State Council will review a plan to compete with US stablecoins. Leaders will discuss stablecoin …
Bridgewater Shies Away From China: Time for Inverse China ETFs?
Bridgewater exited positions in Chinese equities, as U.S.-China tensions are concerning for Chinese shares. If you are also a believer of this theory, you can bet on inverse ETFs like YXI, FXP and …
China keeps benchmark lending rates unchanged for third month
The People’s Bank of China said in a statement its one- and five-year loan prime rates (LPRs) would stay at 3% and 3.5% respectively. All 20 market participants surveyed by Reuters before the decision …
