New bank lending in China rose less than expected in May after hitting a nine-month low in April, as companies and consumers remained cautious about taking on more debt despite interest rate cuts and …
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China May bank loans rise less than expected as trade jitters weigh
China’s new bank loans rise in May, below forecasts
Chinese banks extended 620 billion yuan ($86.34 billion) in new loans in May, rising from the previous month as reassuring monetary measures and a trade truce achieved between Beijing and Washington …
China’s yuan fixing rate hits 2-month high as US dollar drops
With the US dollar sagging, China’s central bank has strengthened the midpoint rate for the country’s currency in recent days China’s central bank set the yuan’s daily fixing against the US dollar at …
Unlocking consumption key to sustaining China’s growth: World Bank
BEIJING – Unleashing consumption potential will help sustain economic growth in China, according to a World Bank report published in Beijing on Friday. Policy support has helped boost China’s …
China’s 2025 LNG imports expected to fall in unusual downturn, analysts say
China’s annual imports of liquefied natural gas (LNG) are forecast to decline for the first time in three years on weak industrial demand and strong domestic and piped gas supply, according to revised …
China tells G7 to stop ‘manipulating’ China issues for its own agenda
BEIJING, June 13 (Reuters) – China warned the Group of Seven advanced economies on Friday against “manipulating” issues related to the world’s second-largest economy for their own agenda, after they …
China expresses deep concern about Israel’s attacks on Iran, urges de-escalation
China was deeply concerned about the Israeli attacks on Iran and urged de-escalation for regional peace and stability, a Chinese foreign ministry spokesperson said on Friday.
China’s Crypto Ban And Its Potential Impact On The Global Market
For the time being, the global crypto community is evolving. Developers look to enhance transparency and compliance. Investors are diversifying their tactics. And policymakers everywhere are observing …
Understanding China’s Latest Ban On Cryptocurrency Holdings
China’s blanket ban on the holding of cryptocurrency is more than a national policy decision—it is an international signal. It signals the attitude of the Chinese government towards financial control, …
China’s Unisound Clears Hong Kong Listing Hurdle, Set to Become First AGI Stock of 2025
Unisound has completed 11 funding rounds, raising over $340 million from investors including Qiming Venture Partners, JD Technology, Qualcomm, and the China Internet Investment Fund. Pre-IPO, CEO …
Geographic bias in virus naming: Lessons from coronavirus show it’s better to act early
“China virus,” the Chinese virus—at the start of the 2020 pandemic, this epithet was often encountered in the media. The use of geographically based labels to define the disease (COVID-19) and the …
Shenzhen Shekou China Walking Tour
Join me on my walking tour. Together, we explore famous attractions, neighbourhoods and quaint locations only the most adventurous locals know about. Experience the journey on a personal level – See …
China’s car industry runs on empty as supply chain bills go unpaid
Beijing has acted to ease stresses of a damaging price war with carmakers pressed to settle invoices within 60 days …
