SHANGHAI (Reuters) – China will strengthen its cross-border yuan payments system and explore setting up infrastructure standards for a digital fiat currency as part of a five-year plan for financial …
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China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January
No money, no new year’: Chinese developers remain mired in debt even after financial lifeline While China Evergrande Group, Fantasia, Modern Land and Kaisa Group Holdings have defaulted on their …
Olympics-Team USA take proactive approach on mental health at Beijing Games
United States Olympic officials said they learned lessons from the Tokyo Games on supporting athletes’ mental health, taking a proactive approach in Beijing where isolation and COVID-19 fears have …
Eileen Gu takes big air skiing gold with dramatic final run in Beijing
San Francisco-born Eileen Gu secured her first gold medal for China on Tuesday in dramatic fashion, landing a first 1620 on her final jump in women’s freestyle big air event. Gu, who gave up her…
China accused of not respecting player’s human rights over Covid isolation protocols: ‘Not getting good food’
Jukka Jalonen, Finland’s head coach, said Marko Anttila, a ninth-round pick of the Chicago Blackhawks in the 2004 NHL draft, was under mental stress and “not getting good food”. “We know that he’s …
China-Britain relations: Xi lauds Queen Elizabeth on Platinum Jubilee while seeking closer ties with UK
Chinese President Xi Jinping congratulated Queen Elizabeth on her Platinum Jubilee on Sunday, while also calling for closer bilateral ties in the face of global challenges. In his message, Xi said the …
China’s Forex Reserves Slips in January as US Dollar Gains, Asset Prices Fall
China’s forex reserves came to USD3.22 trillion at the end of last month, down USD28.5 billion from December, data released by the State Administration of Foreign Exchange showed yesterday. The …
AP PHOTOS: A Day 3 filled with crashes at Beijing Olympics
Favored to defend her gold medal in the giant slalom, Shiffrin instead lost control and ended with a rare DNF —Did Not Finish. Monday’s race was delayed for about 15 minutes when Nina O’Brien slid…
Bank of China loses bid to toss $37m lawsuit by NSW developer The Gosford
The Bank of China has failed in its legal bid to throw out a 37m lawsuit accusing the bank of misleading a Central Coast property developer over a 185m contract with a Shanxi Construction Group…
China’s yuan inches higher but gains capped by weak stocks
China’s yuan was firmer against the dollar on Tuesday but gains were capped by tumbling mainland stocks, which weighed on investor sentiment and as traders awaited key U.S. inflation data due later in …
China Shares May See Renewed Selling Pressure
The Shenzhen Composite Index gained 23.62 points or 1.04 percent to end at 2,285.99. Among the actives, Industrial and Commercial Bank of China jumped 1.72 percent, while Bank of China collected 1.29 …
China’s Taking on a Risky Bubble Deflation Experiment
By any standards, China’s property bubble looks epic … “it is almost impossible to stabilize prices,” as Michael Pettis, a professor of finance at Peking University, observed last year in …
Chasing Gold 🥇: USA still looking for gold in Beijing amid a lot of disappointment
The United States is off to a less than stellar start at the 2022 Winter Olympics in Beijing. While the U.S. did score a silver medal in the figure skating team event, Mikaela Shiffrin did…
