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…
FINANCE
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 …
China Wants Its Own Stablecoin — Should Tether and Circle Internet Worry?
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 billion), is a cornerstone of global digital finance. These U.S. dollar-backed …
Buckle Up Dollar Bulls, China Is Reportedly Considering Its Own Yuan-Linked Stablecoins
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency’s use worldwide, in what would represent a significant departure from its previous stance on …
US Targets Chinese Steel And Lithium for Forced-Labor Scrutiny
The announcement of new “high-priority sectors” targeted under the four-year-old Uyghur Forced Labor Prevention Act was included Tuesday in an annual update to the US government’s enforcement efforts.
China’s Rally Spreads Beyond AI and Banking Stocks
The percentage of stocks in the Shanghai and Shenzhen composite indexes hitting fresh one-year highs this week has reached their highest levels since 2021 and 2020, respectively — excluding the record …
China Boosts Short-Term Cash Injection as Bond Selloff Extends
China’s central bank added a substantial amount of cash into the financial system on Tuesday, in a move that’s seen stabilizing bonds that have come under pressure from investors migrating into …
