Will China ever float its yuan? Officially, there is no peg to the US dollar. However, the People’s Bank of China (PBOC) maintains the value of the yuan within a certain upper and lower limit…
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‘It’s trade, tourism, trust’: Air China restarts direct Beijing–Delhi flight
Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
NIH hosts lecture making the case that COVID-19 came from a Chinese lab
US intel softens on China threat, says no Taiwan invasion planned by 2027 despite military buildup
Skycamp’s Journey to Becoming a Global Leading Star Dome Glamping Manufacturer: An In-Depth Industry Analysis
Three men charged with illegally smuggling advanced AI chips into China
Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise
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China’s flexible in how it deals with yuan value
China plans to halt issuing new electric vehicle permits, sources say
China plans to halt issuing permits to produce electric vehicles because of concern additional approvals may lead to a glut in the world’s biggest auto market, according to people with knowledge of the matter. The…
China Everbright’s arm plans to raise second dollar property fund
HONG KONG China Everbright Limited’s (0165.HK) real estate private equity arm plans to raise its first China-focused dollar fund in seven years to tap rising demand from foreign investors for assets in the world’s second…
Three giant pandas return to China from Japan
The official Xinhua News Agency said the three were travelling Tuesday to the … The program has led to the births of 15 pandas, eight of whom have now returned to China, according to Xinhua.…
California, China defy U.S. climate retreat with new cleantech tie-up
BEIJING California said it will cooperate with China on clean technology, emissions trading and other “climate-positive” opportunities as it bids to fill the gap left after President Donald Trump pulled the United States out of…
Beijing’s meddling means the yuan may never be a truly global currency
“The [yuan] is rising but will not rule,” wrote Cornell University’s Eswar Prasad in the March edition of the International Monetary Fund’s Finance and Development magazine. Since then, there has been renewed evidence of Beijing’s…
China’s global plan for the yuan on track, in step with financial markets opening, bank says
China’s financial markets will continue their gradual pace of opening, a process in lock step with the ongoing internationalisation of the yuan, according to Yue Yi, chief executive officer of Bank of China (Hong Kong).…
Chinese securities regulator slows IPO approvals to bolster market confidence
Less than two weeks ago, the CSRC unveiled rules broadening sell-off restrictions to all pre-IPO investors and tightening stock sales carried out by major shareholders through block trades. China’s stock regulator often slows down or…
China Looks to Capitalize on Clean Energy as U.S. Retreats
China is capitalizing on the leadership vacuum left after President … Extremely cheap Chinese panels have driven dozens of Western companies out of business, including several more in recent months. Chinese players like JinkoSolar and…
China’s credit expansion cooled in May amid crackdown on shadow banking, analysts say
Broad credit growth in China is expected to have slowed in May, as the shadow banking industry came under closer scrutiny amid Beijing’s ongoing drive to cut leverage and root out irregularities in the financial…
China May data to show stable growth as exports stay solid
In sign of progress, China and the United States agreed in May to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as…
USTR Keeps China on Watch List for IP Issues
The SPC selected the Beijing IP court as its research base on case guidance and precedent. US-China Business Council (USCBC) member companies report the IP courts are staffed by capable jurists with broad technical expertise,…
China Mobile Ltd. (HKG:0941) Launches Mobile-Payment App, Signs MoU With AppAsia
A pair of widely used Chinese mobile-payment systems have launched in Vancouver and Toronto, allowing users to pay for purchases using their home currency while potentially avoiding foreign-exchange limits imposed by the Chinese government. Toronto-based…
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