The yuan climbed from a 16-year low as China started the week on the offense, sending another forceful signal with the reference rate for the managed currency and urging state banks to support it.
Featured Posts Title
China Surveys Seabeds Where Naval Rivals May One Day Clash
China hopes EU will ‘make fewer accusations’ on market access
US Launches Massive Air Force Drills With Eye on Pacific War With China
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan, Bloomberg reports
Exclusive: US-owned company seized to feed Russia planning to supply China, North Korea instead
Ready to show redeeming quality
China automakers’ price war, overcapacity hurt finances
Recent Posts
China’s Yuan Rallies Off Recent Lows on Record Strong Fix Signal
China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers
Some Chinese tech giants are exploring blockchain Blockchain is the underlaying technology of cryptocurrencies Ant Group’s Zan will help Web3 developers with a range of services …
China Box Office: ‘Dust to Dust,’ Low-Key Crime Thriller Wins Weekend
Dust to Dust,” a low-key crime thriller, topped the mainland Chinese box office over the weekend, despite only being released on Saturday. The film, directed by Jonathan Li, recounts how 21 years …
Cross-border passenger traffic through Shenzhen ports exceeds 100 mln
SHENZHEN, Sept. 10 (Xinhua) — As of 2:30 p.m. Saturday, the southern Chinese city of Shenzhen, bordering Hong Kong, has recorded over 100 million border crossings this year, with a daily average of …
China Citic Bank International eyes mobile banking increase in Hong Kong, aims to save 1 million sheets of paper a year
China Citic Bank aims to turn its 24 Hong Kong branches paperless within the next year as it promotes mobile banking Wider acceptance of mobile banking gives smaller lenders that lack branch networks …
China’s Abrupt Trading Tax Cut Forces Hong Kong Into Hard Choice
China’s unexpected move to cut its stock trading tax is adding pressure on Hong Kong to follow suit, creating a dilemma for the city’s finance chief over the potential hit to government income.
China’s Gotion To Build “Historic” $2 Billion EV Battery Plant In Illinois
Chinese EV battery maker Gotion has picked Illinois as the site of a new $2 billion EV lithium battery plant in the United States, the Midwestern state’s governor JB Pritzker announced with Gotion on Friday.
Rains from dying typhoon batter China for seventh day
Heavy rains from a typhoon kept southern China drenched for the seventh day as slow-moving storm clouds drifted from Guangdong on the coast to Guangxi, flooding low-lying areas, blocking roads and …
Have we reached peak China? How the booming middle class hit a brick wall
Facing a slowing economy and a less secure jobs market, China’s educated elite are left negotiating a new central bargain with the government …
Government facing pressure to rethink China stance
The government is facing pressure to take stronger action against Beijing, after a parliamentary researcher was arrested amid accusations he spied for China. Senior Conservative MPs have called for …
Haley slams ’embarrassing’ Biden admin trips to China, says adversary has killed more Americans than 3 wars
Republican presidential candidate Nikki Haley slammed President Biden for recently sending a handful of cabinet members to China, arguing it was “embarrassing” for the U.S. “China has been practically preparing for war with us for years,
RoJo Rips Biden’s China Policy All The Way To The Bank
Even while Ron Johnson rips on President Biden’s policy towards China, he has been raking in tens of millions of dollars from business ties to China.
CLSA says sell-off in Chinese stocks ‘has passed strongest point’ and Beijing needs to address market risk, investor concerns
The bulk of the selling pressure has passed its strongest point because most people are already underweight’ on Chinese stocks, head of research says Investors need to assess not only China’s fundamental outlook,
ADVERTISEMENT
