China’s central bank has enabled a new function for offline digital yuan payments for users of several Android smartphone models, CGTN has recently learned from several sources. With the new feature …
FINANCE
Oil prices fall but remain buoyed by China outlook
IEA head Fatih Birol on Friday said energy markets could tighten this year if the Chinese economy rebounds the way financial institutions expect.
Your Financial Fortune Predictions For Chinese New Year 2023: The Year Of The Rabbit
Jan. 22, 2023, marks the start of Lunar New Year celebrations in China and Vietnam. For the two respective countries, China will enter the year of the water rabbit, while Vietnam will celebrate the …
After India, China gives financial assurances to Sri Lanka for IMF bailout package
China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the country, days after India strongly backed the island nation’s …
China’s economy to see robust recovery this year, says researcher
Provided by Xinhua China leads the world in the number of lighthouse factories which lead the way to Industry 40 and represent the highest level of …
Fury as taxpayers hand £2.5bn to Beijing bank
The UK’s involvement with the Asian Infrastructure Investment Bank dates back to David Cameron’s coalition government.
Fury as taxpayers hand £2.5bn to Beijing bank – despite storm over Uighur detention camps
The UK’s involvement with the Asian Infrastructure Investment Bank dates back to David Cameron’s coalition government.
Australia is banking on China’s economy to take off but headwinds are looming
The Albanese government is wary of Chinese economic volatility amid a slumping property sector and shrinking population …
China’s many crises, above and below the surface
As a journalist based in China in the mid-2000s, the big conversation was focused on how China would overtake the U.S. on the international stage. While economists explained how China’s economy would …
Biden’s SPR Drawdown Big Win For Beijing
Chinese-owned companies have lapped up oil from America’s emergency stockpile since the Biden administration decided to sell 180 million barrels last year to lower prices ahead of the midterm …
China Development Bank ups loan support for science, technology innovation
China Development Bank, one of the country’s policy banks, issued a total of 261.9 billion yuan (about 38.68 billion U.S. dollars) of loans to support the country’s science and technology innovation …
China’s economy faces major turmoil amid unpaid wages, mass layoffs
If it remains unresolved, the consequences could be high for the ruling Communist Party which is making all efforts to maintain stability amid high youth unemployment, a flagging economy and an …
What will the Year of the Rabbit bring for investors in China?
As China drops its zero-Covid policy, our experts consider what China’s New Year, starting 22 January, has in store.
