China’s major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually strong effort to rein in yuan strength, according to people with knowledge of …
FINANCE
Nvidia’s Huang unsure whether China would accept H200 chips
Nvidia Corp. Chief Executive Officer Jensen Huang said he’s unsure whether China would accept the company’s H200 artificial intelligence chips should the US relax restrictions on sales of the …
Finance for smaller companies boosted
China has continuously strengthened its inclusive finance support for small and micro firms during the 14th Five-Year Plan period (2021-25), with the average annual growth rate of inclusive loans to …
German Finance Chief Demands Fair Trade Ahead of China Visit
German Finance Minister Lars Klingbeil pressed for an “open, rules-based global trading system” as he departed for a high-stakes visit to Asia, as frictions over trade restrictions between the US, …
China should focus on economy not ‘territorial expansion’, Taiwan president says
China’s economy is in a bad way and President Xi Jinping should focus on improving the lives of his people and not “territorial expansion”, Taiwan President Lai Ching-te said in an interview with the …
China gives most forceful signal since 2022 to slow yuan gains
China set its daily reference rate for the yuan at a level that was significantly weaker than estimates, suggesting the central bank is aiming to limit gains in the managed currency.
US plans to bolster critical minerals supply with allies amid China competition
Beijing agreed to a one-year suspension of rare earths export controls after discussions between US President Donald Trump and China’s President Xi Jinping. Credit: William Potter/Shutterstock.com. · …
China likely to chase 5% GDP growth in 2026 in bid to end deflation
China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and analysts said, a goal that would require authorities to keep fiscal and monetary …
EU pushes magnet recycling to cut reliance on China
Proposed restriction on export of some waste is latest bid to secure critical minerals supply after China export measures …
Trafigura says China oil demand to hit multiyear low in 2026
This year has seen China take advantage of lower oil prices to stock up on crude, buying about 900,000 b/d between January and August to put into storage, according to the US Energy Information …
China Doubles Down on Crypto Ban After Detecting New Trading Activity
China doubles down on crypto ban, warns against stablecoins, as Hong Kong-listed firms with digital asset exposure see sharp losses.
China’s central bank injects liquidity through multiple tools in Nov
The PBOC injected 1 trillion yuan ($141.2 billion) through its medium-term lending facility (MLF) over the last month and withdrew 900 billion yuan, resulting in a net injection of 100 billion yuan, …
China CITIC Bank Appoints Wei Qiang as Non-Executive Director
The latest update is out from China CITIC Bank ( (HK:0998) ).
