Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global currency reset …
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China vessel rams Philippine boat on refueling mission, coast guard says
China vessel rams and damages Philippine boat on refueling mission, coast guard says
Beijing Art & Technology Week opens, blending creativity and innovation
Beijing business district makes room for play
Factory activity in China contracts at steeper pace as lockdowns bite
Josh Shapiro Says Donald Trump Helped China Gain Edge in AI Race
Big questions – and key logistical details – loom ahead of China-U.S. summit
Recent Posts
Is A Global Currency Reset Possible? China Moves In To Launch Yuan-Backed Stablecoins
China stablecoin shift: Beijing mulls yuan-backed tokens to push global adoption; plans major policy reversal
China might permit yuan-backed stablecoins. This move aims to enhance the yuan’s global presence. The State Council will review a plan to compete with US stablecoins. Leaders will discuss stablecoin …
Unraveling the Reasons Why Smart Brands Keep Choosing China: Advantages of Apparel Production That Still Persists
Many fashion labels are talking about moving their production to another country. You will mostly hear about the stories of supply chain diversification. Yet, t …
India tests nuclear capable missile a week ahead of Modi’s visit to China
India has successfully test-fired an indigenously developed intermediate-range ballistic missile capable of carrying a nuclear warhead deep into the territory of its geopolitical rival, China, just as …
China Develops Pregnancy Robot That Can Give Birth to Human Children
China develops a pregnancy robot with an artificial womb, aiming to carry human fetuses to term and offer alternatives to traditional birth.
China’s Secret Weapon in Modern Technology
From smartphones to satellites, the most advanced tech depends on rare earth elements. With China controlling the supply, the world’s future may rest in their hands …
China’s Fuel Oil Imports Jump to 7-Month High
China’s fuel oil imports surged in July to the highest level in seven months as falling refining margins and new tax rebates in Shandong boosted demand among independent refiners.
Is China eyeing a yuan stablecoin? Beijing weighs next move in its dollar challenge
Talk of a State Council plan on yuan internationalisation fuels speculation, as Hong Kong rolls out stablecoin rules and the U.S. pushes ahead with crypto laws.
Footage Shows Russia and China Naval Maneuvers Challenging US in Pacific
Newly released footage shows Russia and its quasi-ally China conducting a naval patrol in the Western Pacific as part of their military cooperation that challenges the United States. Newsweek has emailed the Russian and Chinese…
US Treasury Chief Says Status Quo With China ‘Working Pretty Well’
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent said on Tuesday that the status quo situation with China was “working pretty well” as the world’s two biggest economies have in recent days extended a truce in…
China is expanding into digital currencies, hoping to promote use of its ‘people’s money’
China has also been promoting use of e-CNY in Africa, as it expands business dealings on the continent. But e-CNY are not stablecoins. Experts say regulations are needed to safely manage use of …
Why Rivals China and India Need Each Other Right Now
India and China share a complicated relationship. The world’s two most populous nations are outright regional rivals who fought a border war in the 1960s. Relations have been at a low point since border clashes…
China is said to weigh yuan-backed stablecoins to boost global currency usage
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, in a major reversal of its stance towards digital …
