Desmond Shum built a multibillion-dollar empire in the boom times, and says the economy is in far worse shape than outsiders realize.
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China’s new cash plan to tackle birth rate threat
China Stealth Fighter Rival to US F-35 Seen in Sky, Images Appear to Show
Shenzhen issues warning over stablecoin scams, illegal crypto fundraising
China’s Quiet Role in Pakistan’s Air War With India
China considers doubling investment channel for buying overseas bonds, Bloomberg News reports
Students shelter in libraries as heatwave hits eastern China
China’s rare earth export controls are good for Beijing, bad for business
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‘Several Things Have Shocked Me’: An Ex-Insider on Business in China
Where to Find Tickets to the Beijing Olympics
Most events at the August Games are close to sold out, but here’s how to try for those few remaining tickets. Although the 2008 Summer Olympics in Beijing won’t get under way for nearly eight…
China retaliates against US with export restrictions on strategic metals
China’s export restrictions on germanium and gallium were announced just prior to the visit of US Treasury Secretary Janet Yellen that will bring with it new US demands and threats.
Binance CEO Reveals When Next Crypto Price Bull Run Could Hit After $27 Trillion Bitcoin, Ethereum, BNB And XRP Bombshell
Changpeng “CZ” Zhao has issued a 2025 crypto bull run price prediction—dismissing the “threat” to Binance from the likes of BlackRock and other Wall Street …
Yellen stresses ‘fair’ rules, communication in Beijing meetings
The United States and China, the world’s two biggest economies, must compete fairly and communicate closely to avoid misunderstandings, U.S. Treasury Secretary Janet Yellen said in Beijing on Saturday.
Young people from different countries experience China’s digital economy
During a friendly competition called “A Digital Day Tour of Beijing ” on June 17, young participants from several countries vied to unlock their missions in Beijing via some of China’s most popular …
These Siblings’ Wine Brand For China Also Sells Hospitality In France
On a Saturday afternoon in July I met Estelle Borgeat outside Le Sobre wine bar and restaurant in the city of Bordeaux in southeast France.
Why China Has a Giant Pile of Debt
A major lender abroad, China is facing a debt bomb at home: trillions of dollars owed by local governments, their financial affiliates, and real estate developers.
US-China Cooperation In Climate Finance ‘Critical’: Yellen
It is “critical” for Washington and Beijing to keep working together on climate finance, US Treasury Secretary Janet Yellen said Saturday, urging deeper cooperation in addressing the “existential …
Ant’s surprise share buyback values firm at steep 75% discount to IPO
Ant Group on Saturday announced a surprise share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a move that may let…
Why US-China trade tensions are poised to intensify
The U.S. is playing into the hands of China by transferring technology and importing their technology stateside, Lighthizer contends. “I think some level of decoupling is inevitable,” he remarked. He said China will continue to…
Ant’s share buyback values firm at steep 70% discount to IPO
Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), down from $315 billion when it tried to list in 2020, in a move that…
Outstanding loans of China’s consumer finance firms up 17.5 pct in 2022
Outstanding loans of China consumer finance companies stood at 8349 billion yuan about 1159 billion US dollars by the end of 2
