China has appointed Pan Gongsheng, known for being a firefighting technocrat, as new governor of the People’s Bank of China (PBOC), following his elevation to the central bank’s top political post this month.
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China Bank’s six-month profit rose 7% to P10.8 billion
China Banking Corp. said Thursday net income in the first six months rose 7 percent year-on-year to P10.8 billion on
BIZTODAY China-Universiade/Sports Brands
China’s homegrown sports brands go for gold at 2023 World University Games 【Voice_over】 City cycling, skateboarding, and frisbee… The ongoing World University Games in Chengdu is bringing renewed en …
China looks to robotic workforce to accelerate construction of high-speed railway: report
China’s aging workforce and increasing wage demands have created immense pressure on its production, forcing officials to look to automated workforce capabilities.
China’s northeast inundated in Doksuri’s wake
Floodwaters from Typhoon Doksuri continued to deluge farms and cities in northeast China into the weekend, with the country’s disaster relief systems struggling to contain the aftermath of one of the …
China’s July economic losses from disasters exceed January-June
China’s top economic planner on Friday earmarked an additional 100 million yuan to support post-disaster recovery in Tianjin and Hebei on top of the 100 million yuan announced on Wednesday for Beijing …
Another Big Chinese Property Domino Is Wobbling
The housing boom was a wild ride for Chinese property developers, but the hangover will be long—and perhaps has yet to reach its most painful point.
China’s banking wealth management market expands in H1
China’s banking wealth management market grew steadily in the first half of the year, according to the China Banking Wealth Management Registration and Depository Center. At the end of June, the number of investors holding…
Analysis-US institutional investors could face restrictions on Chinese stock ownership
FILE PHOTO: A man walks past a billboard with signs of Tencent-backed Chinese online insurance technology firm Waterdrop Inc ahead of the company’s U.S. initial public offering (IPO) on New York Stock …
Chengdu Universiade | Xinhua Headlines: From Beijing to Shenzhen to Chengdu, Universiade shows a changing China
In 2001, when Zhao Jing applied to be a volunteer for the World University Games in Beijing, she did not realize that her life would revolve around the Universiade ever since. After college graduation …
China rolls out measures to boost economic recovery, confidence
Despite challenges at home and abroad, China’s economic recovery continues apace, and the country is extending support measures to boost confidence, ensure sustained recovery and promote high-quality …
US COVID-19 hospitalizations increased in July
Pedestrians walk past a COVID-19 testing site on Times Square in New York, the United States, May 17, 2022. [Photo/Xinhua] COVID-19 hospitalizations and emergency room visits have risen slightly in the United States this summer,…
More than a million displaced as China’s Hebei region reels after record rains
More than a million people have been relocated from their homes in China’s Hebei province following a deadly storm earlier this week, according to state media, as officials warned it could take a month for…