China’s factory-gate inflation cooled to its slowest pace in 14 months in May, official data showed on Friday, depressed by weak demand for steel, aluminium and other key industrial commodities due to …
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China Set to Put Tycoon Seized in Hong Kong on Trial, WSJ Says
Xiao has been missing since early 2017 when he was taken from his room at the Four Seasons in Hong Kong, where he he had been staying for several years after fleeing China. China’s central…
China Markets Spring Back Into Action as Covid Lockdowns Ease
Financial markets across China are buzzing with activity as easing Covid lockdowns boost trading.Most Read from BloombergEating Two Portions of Fish Per Week Linked to Deadly Skin CancerWhy Inflation …
China’s Big Problem That Xi Jinping Can’t Solve
The two-day testing ordeal for a spot at a university is drawing more students but creating a pool of overqualified unemployed graduates …
The yen weakening to 150 against the dollar could spark a financial crisis in Asia, famed economist Jim O’Neill says
Continued weakness in the Japanese yen to 150 against the US dollar could set off the next Asian Financial Crisis, Jim O’Neill told Bloomberg. China will see further yen depreciation as an “unfair …
Beijing hits out at Washington over proposed US$120 million arms deal to Taiwan
Beijing has blasted the United States for supplying arms to Taiwan and demanded that it abandon a proposed US$120 million deal with the self-ruled island. The US government on Wednesday announced the …
China digital currency: e-CNY ‘well positioned’ but still ‘a way to go’ to challenge US dollar dominance
China’s digital currency has been piloted in cities across the country and used by tens of millions of Chinese. But analysts say its adoption overseas will ultimately depend on trust in the country’s …
China says it has no plans to revive Ant Group’s IPO amid tech crackdown
Yahoo Finance Live anchors discuss reports that Chinese financial regulators had plans to revive Ant Group’s IPO.
Credit Suisse Taps Brakes on China Growth, Delays Local Bank
He denied that the lender was delaying its application for a local bank in China and said its overall roll-out in the nation was on track. The firm is slowing its hiring of relationship managers,…
China takes steps to ease up on regulatory crackdown as economy slows
Beijing has given tentative approval for Ant Group to revive its initial public offering (IPO) in Shanghai and Hong Kong, two sources told Reuters on Thursday, the biggest sign yet of a cooling of …
It will take time for China’s consumers to recover from lockdown
I n april 2020, just after China’s first wave of covid-19 had passed, Hermès opened a new 511-square-metre shop selling luxury bags, scarves and jewellery in Guangzhou, the cap …
Is China Slowly Turning Its Back to Russia?
Russia’s biggest bank, Sberbank, has suspended yuan transactions and Huawei is closing outlets in the country.
China’s May New Yuan Loans Seen Rebounding on Central Bank Support -Reuters Poll
China’s new yuan loans likely rebounded sharply in May after a drop in April, a Reuters poll showed, as the central bank ratchets up policy support for the slowing economy. Chinese banks are estimated …