The IMF said directors on its executive board, which concluded its annual review of China on July 31, “concurred that greater exchange rate flexibility and deeper and better functioning FX markets … ( read original…
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Humanoid robot stumbles at hurdle race during competition in Beijing
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Shenzhen Declaration calls for stronger global legal cooperation
Alibaba Falls 4% as Reported Beijing AI Probe Undercuts Chip Rally; Baidu Eases, JD.com Dips
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Trump-Xi meeting: Why China’s self-sufficiency changes the calculus
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IMF says China should keep Yuan flexible as trade war widens
China’s SDIC says receives government approval for London IPO
SHANGHAI (Reuters) – China’s state-backed energy firm SDIC Power Holdings (600886.SS) has received government approval to issue 10% of its share capital as Global Depositary Receipts (GDRs) on the … ( read original story …)
Volatility in China’s yuan due to escalating U.S. trade friction: PBOC official
YICHUN, China/ SHANGHAI (Reuters … caution retaliation could widen in scope and severity, weighing further on business confidence and global economic growth. The yuan CNY=CFXS lost 1.6% … ( read original story …)
Versace Loses Chinese Brand Ambassador Amid T-Shirt Controversy
Versace has just lost its brand ambassador in China. Chinese actress Yang Mi said she’ll end her cooperation with the luxury fashion label after a controversy erupted online over claims that its … ( read…
China’s soft market turns brutal for domestic brands
SHANGHAI — Chinese brands continue to lose market share at home, and the biggest domestic automaker — Geely Automobile Holdings — is not immune, with sales tumbling more than 20 percent for the … (…
Hong Kong Protesters Defy Beijing Warnings, as Police Fire Tear Gas
HONG KONG — Defying warnings from China of a crackdown if they continued more than two months of protests, young demonstrators blocked a vital tunnel under Hong Kong’s Victoria Harbor on Saturday, … ( read…
Nova Scotia to build ‘100% China-friendly’ website, navigate censorship in bid to grow commerce
The decision is only the latest in a series of overtures by Premier Stephen McNeil’s provincial government to court business interests in China despite rising tensions between Canada and China. … ( read original story…
Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive
Investors looking for an escape from yuan devaluation are flocking to Bitcoin as well as traditional fallbacks, says Chris Reinertsen. Speaking to Forbes in an interview on Aug. 8, Chris … ( read original story…
China Ex-Central Bankers Warn of Long Currency War With U.S.
The U.S.’s labeling of China as a currency manipulator “signifies the trade war is evolving into a financial war and a currency war,” and policy makers must prepare for long-term conflicts, Chen Yuan, … (…
China to inspect property-related loan policies in 32 cities
Potential homebuyers examine property models at a sales site in Shanghai. [Photo provided to China Daily] BEIJING – China will launch a targeted inspection on banks’ property-related businesses in 32 … ( read original story…
China Unicom teases new 5G Xiaomi phone, Samsung Galaxy A90 5G, and Huawei Mate 30 5G
The smartphone market globally has been on a decline, but analysts and other stakeholders in the phone business are banking on the rollout of 5G services to expand the market once again. 5G will ……
Chinese brands outperforming German premium car makers on e-mobility
[Photo by Zhang Dandan/China Daily] BERLIN – Chinese original equipment manufacturers (OEM) were becoming relevant competitors for top German players in the premium automobile segment, according to a … ( read original story …)
Chrystia Freeland praises ‘two brave Canadians’ detained in China since December
Canada and China have been locked in a diplomatic dispute since Dec. 1 when Canadian authorities arrested Huawei Technologies Co Chief Financial Officer Meng Wanzhou in Vancouver on a U.S. warrant. … ( read original…
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