(Reuters) -Several Chinese banks have been given new gold import quotas from the central bank, anticipating revived demand despite record high prices, four sources with knowledge of the matter told …
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Battery Storage Grew 66% In 2025. China Now Controls Nearly Half
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China issues new gold import quotas after pause – sources
China doubles subsidies to boost auto trade-ins
China has increased a financial stimulus to encourage consumers to scrap their old vehicles and buy new ones according to a circular issued on Friday
Trump owns more than $1M in crypto and made $300K on branded Bibles, financial disclosure shows
They’re smart, they’re good people, and they think it’s going to be very beneficial,” Trump said recently on a livestream with streamer Adin Ross, adding that if the U.S. isn’t involved in crypto, …
Crude oil processing in China falls significantly in July – Commerzbank
Last time this happened was at the end of 2022, when oil demand in China recorded a hitherto unprecedented annual decline due to the strict COVID-19 policy. The reasons for the weak processing are …
Beijing issues alerts for heavy rain, torrents
The city’s meteorological service forecast that Beijing will see heavy rain cumulatively exceeding 100 millimeters in some areas from Saturday afternoon to Sunday, which could induce secondary …
Catherine Thorbecke: China’s AI video rush is a wake-up call for the world
The rush to offer these services to the Chinese public stands in stark contrast to firms in the United States,” Thorbecke writes.
US Leads the Way in Climate-Tech Funding, As China Falls Behind
The US supplanted China as the world’s top market for climate-tech financing in this year’s first half even as the amount invested fell, according to a new analysis from BloombergNEF. Companies in the US raised…
China puts IPO bankers on notice
China is planning to name and shame the bankers responsible for withdrawn or rejected IPOs, as part of an ongoing effort to improve the quality of domestic IPOs. The Securities Association of China …
Alibaba and Walmart Are Bellwethers. What Their Results Say About China, U.S. Economies.
Alibaba and Walmart, two of the world’s largest retailers, reported earnings this week, with their respective reports revealing starkly different trends about the world’s two largest economies. Less …
China’s biodiesel producers seek new outlets as hefty EU tariffs bite
Henan Junheng and Longyan Zhuoyue Group in an export business that was worth $2.3 billion last year. Some larger producers are eyeing the marine fuel market in China and Singapore, the world’s top …
China will focus on boosting consumption to improve economy, premier says
China’s Premier Li Qiang told a cabinet plenary session on Friday that great efforts must be made to boost the economy and the country will focus on stimulating consumption, state media reported.
New tariffs on imports from China ‘seem very likely’ in a second Trump term: GS
Fresh tariffs on imports from China “seem very likely in a second Trump administration,” Goldman Sachs (NYSE:GS) strategists said in a note, citing “clear” authority to impose them and “fairly broad …
China Plans Marriage Law to Stop Population Free Fall
The draft legislation would remove a longstanding restriction to boost the number of marriages, which have been trending downward for a decade.