Chinese travellers throng the bazaars of old Kashgar, munching mutton kebabs and soaking up heavily commodified Uyghur culture — part of a government push to remould troubled Xinjiang into a tourism paradise.
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Trump’s description of Taiwan as a ‘good negotiating chip’ with China raises anxieties
Trump Leaves U.S. Support for Taiwan Uncertain After Beijing Visit
Russia’s Putin to meet China’s Xi in Beijing from May 19-20, Beijing and Moscow say
Putin to visit Chinese leader Xi Jinping days after Trump’s trip to Beijing
Trump’s Beijing visit was more vibes than details. And Xi set the tone
Trump Turns Taiwan Arms Sales Into Bargaining Chip With China
Trump returns to Washington after leaving Beijing summit with few clear wins
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State-backed tourism booms in China’s troubled Xinjiang
Big Tech Braces for Digital Markets Act Update; Arm Increases IPO to up to $51 a Share
In today’s ExchangeWire news digest: tech firms in the US prepare for EU regulators’ update to the Digital Markets Act; Arm increases its IPO to USD$47 – USD$51 (~£37 – £40) a share; and Baidu…
China’s yuan touches 10-month low before paring some losses as state banks step in
China’s yuan fell to a 10-month low against a buoyant dollar before paring some losses on Wednesday, as state banks stepped in to offer support to prevent the local currency from sinking further.
China, Saudi Arabia enter ‘new stage’ of financial cooperation as state-owned bank opens Riyadh branch
China’s most internationalised state bank on Tuesday opened its first branch in Saudi Arabia in a move to expand the use of yuan amid a growing number of economic deals between the two countries. Bank…
Pirola COVID-19 variant may not be as contagious as previous variants, researchers say
BA.2.86, or Pirola — may not be as contagious than originally thought. That’s good news for long-term care communities, who have been told to brace for an active respiratory virus season.
China authorities arrest 2 for smashing shortcut through Great Wall with excavator
China’s Great Wall has been pierced by Genghis Khan, the Manchus, and now, allegedly, a couple of construction workers named Zheng and Wang who wanted a shortcut.
China’s Economic Pain Is a Test of Xi’s Fixation With Control
The slowdown is posing perhaps the most sustained challenge to President Xi Jinping’s agenda in over a decade in power. He now faces a tangle of difficult choices.
Future of cooperative US-China science agreement is in doubt, say American physicists
A Stanford professor who sent a letter from fellow scientists to President Joe Biden, urging the agreement’s renewal, says partisan politics is driving Washington’s change.
China dodges western 5G chip embargo with new Huawei Mate 60 phone
Mate 60 Pro mobile phone is said to use chip made in China that was thought impossible without access to restricted western technology China has produced a 5G smartphone using an advanced silicon chip …
China’s Tencent to unveil AI chatbot after Beijing clears hurdles
HONG KONG (Reuters) -China’s internet giant Tencent Holdings said that it will unveil an artificial intelligence (AI) chatbot on Thursday, according to a social media post it published on Wednesday.
China state banks mop up offshore yuan liquidity, sell dollars onshore -sources
State banks often act on behalf of China’s central bank in the foreign exchange market, but they could also trade on their own behalf or execute clients’ orders. The goal of the state banks’ actions…
China’s central bank conducts 26-bln-yuan reverse repos
BEIJING, Sept. 6 (Xinhua) — China’s central bank conducted 26 billion yuan (3.61 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Wednesday. The move aims to keep …
UPDATE 1-China state banks tighten offshore yuan, sell dollars onshore -sources
State banks often act on behalf of China’s central bank in the foreign exchange market, but they could also trade on their own behalf or execute clients’ orders. The goal of the state banks’ actions…
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