China has lowered the ceilings on deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks’ profit margins and discourage savings …
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China identifies countries of 261 foreigners missing in Himalayan mudslide
China’s president gets out and about
Rescuers pump air into hydropower tunnel in search for missing workers after Nepal-China flooding
Nearly 600 dead, 2,500 missing after glacier disaster near Nepal-China border
Beijing expands purge of top generals
China rebuts claims it could have given Nepal warning of deadly floods
Death toll rises and thousands still missing in Nepal and China after catastrophic floods
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China lowers deposit rate ceilings to protect bank interest margins, sources say
BYD Dealerships Failing Show Financial Pain in China Car Sector
Car dealership groups in two provinces have gone out of business since last month in China, both of them BYD Co. retailers, evidence of the tough competition in the nation’s auto market and proof that…
G7 Finance Leaders Pledge Joint Action on China’s Trade Tactics
Facing economic headwinds and political division, the world’s top democracies unite to address global imbalances.
China’s Xiaomi unveils electric SUV, new chip in bid to rival Tesla, Apple
Chinese consumer electronics giant Xiaomi has launched a new electric SUV and debuted a self-designed smartphone chip, in a push to expand beyond its roots in budget devices.
China pledges support for overseas students after Trump’s Harvard curb
China will safeguard the legitimate rights and interests of its overseas students and scholars, the foreign ministry said on Friday, responding to the Trump administration’s decision to block Harvard University from enrolling foreign students.
China’s Xiaomi to invest almost $28 billion in core technology R&D over next five years
China’s Xiaomi plans to invest a further 200 billion yuan ($27.8 billion) in core technology research and development over the next five years, founder and CEO Lei Jun said on Thursday.
How the US-China chip conflict is evolving under Trump
America targets Huawei’s AI chips amid tech tensions with China. The US shifts its approach to limit China’s access to vital semiconductors. Trump’s strategy differs from Biden’s, focusing on …
China approves Qatar sovereign fund to buy a tenth of its top asset manager
China has given approval for Qatar’s sovereign wealth fund to acquire a stake of 10% in its second-largest mutual fund company, the first such investment in the sector by a major Middle East investor …
China lowers deposit rate ceiling to protect banks’ interest margins, sources say
China has lowered the ceiling of deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks’ profit margins and discourage savings.
U.S., China hold first call since Geneva meeting, signaling progress in trade talks
The U.S. and China have agreed to maintain communication. The call came as Beijing and Washington continued to trade swipes at each other. Analysts say that the call is a “positive sign” following the …
Analysts downgrade China’s property price outlook in 2025 as trade tensions pose fresh risk: Reuters poll
Weakness in China’s property sector is expected to persist this year with home prices falling nearly 5% and set to remain stagnant in 2026, as low confidence continues to keep buyers at bay while the…
BYD dealership closures reveal financial pain in China’s auto market
A profound shift in direct-to-consumer model and promises of new tech has left many stuck with excess inventory.
Beijing sees a ‘victory’ with the US tariffs truce. What’s it aiming for next?
A surprise truce in a spiraling tariff war between the US and China last week was hailed by Chinese pundits as a success for the country. But Beijing is gearing up for a rocky path…