China’s central bank set the daily guidance rate for the yuan weaker for a fourth straight session, showing flexibility in the currency management to the US dollar’s advance.
Featured Posts Title
Beijing residents dispose of drones ahead of ban on ownership
What Qinwen Zheng’s Beijing triumph means for her comeback
Beijing: Zheng Qinwen caps off dream week with first post-surgery and WTA 1000 title
Zheng Qinwen completes second most grueling title run in Open Era by winning Beijing
China’s top court hands long jail terms for tomb looting inspired by fiction novels
Dabrowski, Stefani capture fifth title of 2026 in Beijing
Revamped Huanggang Port between HK and Shenzhen to cut clearance time to 5 mins
Recent Posts
China Weakens Yuan Fixing for Fourth Session as Dollar Advances
Lutnick threatens action on Chinese state-subsidized robotics imports a day after Beijing’s rare earth retaliation
Commerce Secretary Howard Lutnick told business leaders at a private roundtable on Monday that the Commerce Department is reviewing Chinese state-subsidized robotics imports and could take action once …
Dense ecosystem sees Beijing emerge as China’s AI capital
Han Yaqi, branding head of the company that operates Beijing AI Genesis Community, one of Beijing’s growing networks of artificial intelligence startup hubs, said, “Sometimes you come here for a cup …
China, Philippines in naval head-to-head near Scarborough Shoal
By IntelliNews Chinese and Philippine naval vessels were involved in a rare stand-off near the disputed Scarborough Shoal on June 20, according to Philippine media reports cited by the South China …
Chinese warships arrive in Russia as tensions simmer in Pacific
The partners have stepped up joint naval training and patrols in a challenge to U.S. military dominance in the Pacific.
Supreme Court kills suit claiming Cisco’s technology helped China persecute Falun Gong members
The Supreme Court has granted tech giant Cisco’s bid to shut down a lawsuit claiming that the company’s technology was used to persecute members of the Falun Gong spiritual movement in China.
China’s austerity gamble: Fiscal deficit narrows for first time in over two years despite slowing growth
China’s fiscal deficit narrowed for the first time in more than two years as Beijing tightened spending despite slowing growth, weak consumer demand and a prolonged property downturn, signalling a con …
China’s gold imports rise to highest in more than two years, up 76% YTD
China’s monthly gold imports reached their highest in more than two years in May, as the world’s biggest buyer continued to show a strong appetite for bullion.
Big Take Asia: China’s Xiaohongshu Preps for IPO
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world …
China takes back top spot in latest supercomputer ranking
China took the supercomputer crown by relying on CPUs and not GPUs like other models.
China’s space plane appears to have released a mystery object in orbit
“This activity is consistent with sub-satellite deployments conducted by the space plane in previous missions,” private space surveillance company LeoLabs wrote after detecting the object.
China’s newest aircraft carrier sails through the Taiwan Strait
The Fujian carrier first sailed through the narrow body of water separating China and Taiwan in a trial run last September. It later transited the strait for the first time as a fully commissioned …
China Crypto: PBOC’s Crypto Crackdown and Xiaowei Signal China’s Digital Future
China delivered a two-part signal to the crypto market this week: Tencent began testing Xiaowei, a native AI agent embedded in WeChat’s 1.4 billion-user platform, while the PBOC (People’s Bank of …
