The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
Featured Posts Title
Shenzhen, Hong Kong, and the two competing mega-bridges designed to build a 100 million person megalopolis
Russia is helping China close gap with US forces amid Taiwan tensions, warns longtime military leader
Beijing’s Home Viewing Rises After Chinese Capital Eases Property Market Rules
Zhu Rongji, who helped turn China into a trading giant, dies at 97
Ex-Chinese premier Zhu Rongji, who drove economic reforms and led China into the WTO, dies at 97
China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China’s Tencent posts 11% second-quarter revenue rise, profit misses estimates
Recent Posts
China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady
Trump’s freeze on foreign aid could give China an opening on the world stage
President Donald Trump’s restrictions on foreign aid and targeting of a key agency funding programs around the world may be offering an opening to America’s biggest adversary — China. From the …
China’s Motivational Tactic for State Workers: Public Shaming
Local governments are handing out “snail awards” to underperforming employees. But, for many, doing as little as possible seems like the safest bet.
What China fears most about Trump’s turn toward Russia
US President Donald Trump’s push to end the war in Ukraine appears poised to hand key concessions to Russia, leaving Kyiv and its European supporters on the sidelines as they face the prospect of a…
Trump says new China trade deal ‘possible’ despite tensions
“The relationship I have with President Xi is, I would say, a great one,” President Donald Trump told reporters on Air Force One on Wednesday.
Nomura: Beijing’s hotly anticipated stimulus must target consumers to sustain reignited animal spirits
Nomura’s Rob Subbaraman says the key to reviving China’s economy lies in unlocking the hoard of dry powder stored up in consumers’ savings.
China leaves benchmark lending rates unchanged as expected in Feb
China left benchmark lending rates unchanged at the monthly fixing on Thursday, showing authorities are going slow with monetary stimulus as they prioritise financial and currency stability.
Death sentence over murder of Japanese boy in China to be finalized
The sentence is expected to be finalized after it is examined by a high court in Guangdong and approved by China’s Supreme Court.
Struggling Chinese builder Vanke turns to state managers to ‘stop the decline’
“Policymakers don’t want Vanke to fall because that’s going to really damage sentiment,” said Larry Hu, chief China economist at Macquarie, adding that the new phrase in housing policy circles was …
China keeps benchmark lending rates steady as PBOC prioritizes financial stability
The PBOC has prioritized defending the yuan against the pressure for it to depreciate on anticipation of higher tariff rates.
US to cut size of diplomatic mission in China by up to 10%, SCMP reports
The United States is set to cut the size of its diplomatic mission in China by up to 10%, the South China Morning Post reported on Wednesday, citing people familiar with the situation.
‘Captain America must die in China’: Nationalism fuels Ne Zha 2 fans
A chorus of praise is being sung around Ne Zha 2, the Chinese film about a mythical boy who battles demons, which has been newly crowned the world’s highest-grossing animated film. The box office …
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
