Strong competition from non-bank players in mainland market forces banks to improve continuously, consulting firm Sia says.
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Hong Kong finance chief scraps Tokyo visit amid China-Japan row
HONG KONG (Kyodo) — Hong Kong’s No. 3 official has scrapped his visit to Tokyo, initially planned for later this month, sources familiar with the matter said Saturday, amid a continuing diplomatic …
7 Chinese industry bodies issue RWA tokenisation warning amid Beijing’s crackdown
This was the mainland associations’ first warning to members as Chinese authorities have explicitly targeted RWA tokenisation Mainland Chinese industry associations have issued a joint warning to real …
Beijing Jingneng Clean Energy schedules EGM to approve key resolutions
Beijing Jingneng Clean Energy Co., Ltd. Class H ( ($HK:0579) ) has provided an update. Beijing Jingneng Clean Energy Co., Ltd. has announced an …
2025 Energy Transition Conference kicks off in Beijing’s Future Science City
Beijing, China – On November 22, the 2025 Energy Transition Conference grandly opened at the Energy Valley in Future Science City, Changping District, Beijing.Now in its seventh year at Energy Valley, …
China Minsheng Banking successfully issues RMB6 billion financial bonds
China Minsheng Banking ( ($HK:1988) ) has issued an announcement. China Minsheng Banking Corp., Ltd. has successfully issued RMB6 billion worth of …
Beijing or Global South consensus?
In 2004, the American vice-chairman of Henry Kissinger Associates, Joshua Cooper Ramo, coined the term “Beijing Consensus” as an alternative to the Washington Consensus, the neoliberal framework of …
China Threatens Nvidia With Its Own Company
Moore Threads shares rose 500% on their first day of trading on the Shanghai stock exchange. The company is China’s answer to Nvidia.
China’s payment system gains ground in Africa as Afrexim, Standard join in
Although Africa’s trade with China is rapidly deepening, the two regions have been held back for years by slow, expensive international payment systems that rely heavily on the US dollar. That …
China’s central bank to conduct 1-trillion-yuan outright reverse repo operation
BEIJING – The People’s Bank of China (PBOC), the country’s central bank, on Thursday said that it will conduct a 1-trillion-yuan ($141.4 billion) outright reverse repo operation on Friday to maintain …
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020 Read more at The Business Times.
China’s risky shadow banks back in spotlight after Xi’s debt crackdown — Bloomberg
China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap costly credit from non-bank lenders.
Nvidia CEO Jensen Huang unsure if China would buy its H200 chips if restrictions are relaxed as Beijing prioritizes homegrown AI solutions — ‘We don’t know. We have no clue.’
Nvidia CEO Jensen Huang admits that he has no idea whether Nvidia can sell its H200 chips in China even if Washington allows the company to export them.
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