The China stock market has finished lower in back-to-back trading days, retreating almost 30 points or 0.8 percent along the way. The Shanghai Composite Index now rests just beneath the 3,565-point …
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XTransfer intensifies world expansion of financial services
Chinese cross-border payment operator XTransfer is intensifying efforts to go global in a move to facilitate foreign trade for overseas small and medium-sized businesses by providing them with better …
Yuan Surge Shows Traders’ Faith in Hands-Off Central Bank
An unstoppable ascent in the yuan is signaling Beijing’s growing ease with gradually freeing up one of the world’s most tightly-managed currencies.
China Cash Flowed Through Congo Bank to Former President’s Cronies
The Chinese businessman had walked out of a bank in Kinshasa with 13,624 hundred-dollar bills, 10,001 fifties and 43,000 smaller U.S. notes, despite explicit instructions to prevent it from happening.
China’s Bond Watchers Are Missing a Big Part of the Picture
China’s real estate developers owe more than $200 billion in dollar-denominated bonds. Naturally, investors are trying to identify which among them might be the next China Evergrande Group, whose …
China Study Says Adopting U.S. Stance Would Trigger Covid Surge
China would face a “colossal outbreak” on a massive scale if it were to reopen in a similar manner to the U.S.
With absolute power, Xi Jinping is reshaping China, and some of the world
Earlier this month, the Chinese Communist Party’s top leadership passed a resolution that allows President Xi Jinping to stay in power for as long as he pleases. Though this should not have come as a…
China pushes private schools to turn public in ‘fairness’ lesson: Media report
Beijing/IBNS: China’s crackdown on for-profit education gained steam in the current month as authorities push to make private elementary and middle schools public under a banner of promoting “fairness …
Ant Group backed Personal Credit-Scoring Joint Venture Application Accepted by People’s Bank of China
China’s reserve bank confirmed on Friday (November 26, 2021) that it had accepted the application to launch a personal credit-scoring joint venture that is reportedly being backed by Alibaba’s (NYSE: …
How did China’s digital music industry become the second largest in the world?
A decade ago, 99 per cent of China’s digital music was pirated, so why are most consumers now listening to licensed music and streaming legally?
China delivers 6.49T yuan in regional administration bonds
January-October 2021 period. According to information from the ministry, total special bond issuance reached 4.02 tril …
FOCAC proves robust platform for promoting China-Africa ties, says Ethiopian finance minister
The Forum on China-Africa Cooperation (FOCAC) is an efficient and robust means of promoting China-Africa cooperation, Ethiopian Finance Minister Ahmed Shide has said. “In the past two decades, the …
The Gate to China by Michael Sheridan; The World According to China by Elizabeth C Economy – review
Two authoritative books reveal Hong Kong’s role in reviving China’s economic fortunes and Beijing’s attempts to impose its will abroad …
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