China has introduced a requirement for state-owned developers to avoid defaulting on publicly issued debt, in the latest attempt by authorities to contain the nation’s prolonged property crisis.
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Olympic champion swimmer Cameron McEvoy breaks the 50-meter freestyle world record
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Three men charged with illegally smuggling advanced AI chips into China
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Recent Posts
China Asks State-Owned Developers to Avoid Public Debt Defaults
China News Live: China’s foreign ministry to hold daily news conference
Welcome to our live blog tracking the latest news and developments from China. Stay updated with real-time insights into the country’s economy, politics, civic issues, and security situation.
Chinese mainland, HK launch Payment Connect, with first real-time cross-boundary transaction done in Shenzhen
The Payment Connect was officially launched between the Chinese mainland and Hong Kong on Sunday. It marks the interconnection of the faster payment system between the Chinese mainland and tSAR), …
China Land Sales Income Hits Decade Low, Widening Budget Deficit
China’s revenue from selling land plunged to the lowest in a decade, contributing to the widening of budget deficit as the government ramped up spending in support of the economy.
China’s Hellobike sets up new robotaxi firm with Ant Group, CATL
China’s bike-sharing platform Hellobike announced on Monday the setup of a new robotaxi firm jointly with Ant Group and CATL. The three parties have invested over 3 billion yuan ($417.40 million) in …
China needs to take a long-term view and let the renminbi rise
The writer is an economist and also sits on the board of the Bank of China (UK). He writes in a personal capacity China faces a currency trilemma. Should its policy be for the renminbi…
Blockchain Alliance International Launches Asia-Pacific Digital Economy Initiative in Hong Kong
Blockchain Alliance International (BAI), a New York-based non-profit organization in special consultative status with the United Nations Economic and Social Council (ECOSOC), is proud to announce the …
Hong Kong must grow despite persistent US-China trade tensions: Paul Chan
City’s finance chief outlines efforts to diversify economy and wants Hong Kong to overtake Switzerland as world’s biggest wealth management centre Challenges and volatility will persist despite a …
Hong Kong Web3 group issues blueprint for accelerating blockchain development
Web3 Harbour, in collaboration with PwC Hong Kong, will launch five action groups in August on stablecoins, funds and other critical segments In a call to action for greater investment to accelerate …
My small American town was perfect for growing up, but not for building a career. So I moved to China.
Emory Babb, 32, never thought he would live outside the US. He’s learned that for those looking to build something, there’s real opportunity in China.
Honda supplier rethinks China relationship as trade war bites
TOKYO] As the US-China trade war expands into the auto, steel and rare earths sectors, few companies are feeling the pressure more than top Japanese car parts supplier Daido Steel. Read more at The …
Small businesses, big tariffs: young Hong Kong entrepreneurs amid US-China trade war
Amid the volatility of US President Donald Trump’s policies, business owners are trying to adapt while honouring their company mission.
China says US attack on Iran has damaged its credibility
China said the United States attack on Iran’s nuclear facilities has damaged its credibility and it was concerned that the situation “may go out of control”, its state broadcaster reported, following …
