BEIJING: People’s Bank of China (PBoC) governor Yi Gang says Beijing has largely ended regular foreign-exchange (forex) intervention, and pursues a policy aimed at enhancing the ease of use of the …
Recent Posts
China central bank ramps up liquidity injection when rolling over medium-term policy loans
China’s central bank ramped up liquidity injection when rolling over maturing medium-term policy loans for the fifth consecutive month on Monday, while keeping interest rate unchanged, matching market expectations.
Biden’s electric-car mandates slam the working class and boost China
China, anti-working class move, the Biden administration aims for force two-thirds of new cars to be all-electric by 2032.
China reportedly let AI control a satellite, which then observed rivals India and Japan
Asia n Brief China’s State Key Laboratory of Information Engineering in Surveying, Mapping and Remote Sensing (LIESMARS) has reportedly allowed artificial intelligence to control a satellite.
China baijiu maker ZJLD Group seeks up to $812 million in Hong Kong’s largest IPO in 2023
Chinese liquor company ZJLD Group is looking to raise up to HK$6.37 billion ($811.5 million) in a Hong Kong initial public offering (IPO), the largest in the financial centre this year, according to …
China’s ZJLD Group seeks up to $811.5 million in Hong Kong IPO
Chinese liquor company ZJLD Group is looking to raise up to HK$6.37 billion ($811.5 million) in a Hong Kong initial public offering (IPO), the largest in the financial centre this year, according to …
Analysis: Great shortfall of China: Australia’s biggest tourism market returns with a whimper
China was Australia’s biggest source of foreign students until … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to …
Live news: China hopes to shake off sluggish growth as markets brace for GDP data
Markets are bracing for China’s first-quarter gross domestic product data, scheduled for Tuesday. Beijing rounded off 2022 with a run of disappointing growth figures, ending the year with slightly more than 3 per cent annual…
How one man went from China’s Communist party golden child to enemy of the state
Experts say Xu Zhiyong’s fate symbolises the rise and fall of China’s ill-fated rights movement
China’s acquisition of foreign technology companies aimed at military modernization: Report
Beijing’s strategy to support military gains through corporate takeovers remains a key part of its modernization program. For Beijing, the acquisition of foreign strategic technology companies and …
Morning Bid: Are we calling it a banking crisis, shock … or blip?
The broader tone this week will be set by investors’ stance on the U.S. banking crisis. Or shock. Or blip. The solid recovery in equities and slump in market volatility gauges suggests investors are …
How Can China Contain Its $8.3 Trillion Fiscal Crisis?
One may even argue that China is now a safer place for investors after Beijing tightened regulations on unruly local banks and aggressive home builders. But there is one more elephant in the room: …
FirstFT: China hit by surge in Belt and Road bad loans
China’s $1tn Belt and Road Initiative infrastructure finance programme has been hit by spiralling bad loans, with more than $78bn-worth of borrowing turning sour over the past three years. The scheme made China the world’s…