The Chinese cybersecurity probe into US DRAM giant Micron Technology could shake up the memory chip supply chain in China, but whether big local rivals will benefit is still unclear, according to …
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Europe is ‘counting on China’ to end Russia’s war in Ukraine, leaders tell Xi Jinping in Beijing
Europe is “counting on China” to help end Russia’s invasion of Ukraine. That was the message delivered personally to Chinese President Xi Jinping in Beijing on Thursday by both European Commission …
Morgan Stanley moves ahead with plan for wholly-owned futures company in China, as Beijing accelerates financial opening
In March this year alone, it was 49.9 trillion yuan. Beijing has vowed to open up the industry and allow foreign investors to trade products in the futures market. On January 12, Zhengzhou Commodity …
China Expands Gold Reserves at Central Bank For Fifth Month
China boosted its gold reserves for a fifth straight month, extending efforts by the world’s central banks to boost their holdings of the precious metal.
China central bank will promote digital yuan trials
BEIJING, April 6 (Reuters) – China’s central bank will smoothly promote digital yuan trials and continue to explore applications for the digital currency, according to a statement it released on …
China still riding boost from reopening as foreign investors answer the call, add US$7.2 billion of equities in March
Inflows into China’s yuan-denominated equities in March stood at US$7.2 billion, up from a rise of US$3.3 billion in February, according to the Institute of International Finance (IIF).
French President Emmanuel Macron turns to China’s Xi Jinping to push for Russia-Ukraine peace talks
The Kremlin, however, rejected any idea of Chinese mediation on Thursday, saying it’s not the time for a political solution in Ukraine.
Former Brazilian President Named As Head of China-Based New Development Bank
The appointment reflects the close relationship between President Luiz Inácio Lula da Silva’s Workers’ Party and the government in Beijing.
UPDATE 1-Macron meets China’s Li as EU leaders begin Beijing talks
has said Europe must “de-risk” its relations with Beijing, as China had shifted from an era of reform and opening to one of security and control. Yahoo Finance …
Encircling China not viable long-term strategy: FT columnist
China is right about the U.S. being the force behind the “containment,” “encirclement,” and “suppression” of China but encircling Beijing is not a viable long-term strategy, according to Financial …
The US wants to elevate China to ‘developed country’ status; Beijing disagrees
The UN’s Finance Center for South-South Cooperation lists 78 countries … China wants to stay poor… on paper Beijing does have arguments for remaining in the developing countries group. “According …
China’s huge Asian investments fail to buy it soft power
One is that although China offers what look like easier financial terms and has a reputation for efficient execution, its projects are as prone as any to delays and problems. In this case, the first…
China’s central bank highlights currency, financial stability as key tasks
BEIJING, April 5 (Xinhua) — Maintaining currency and financial stability are two central tasks for the People’s Bank of China, said Yi Gang, governor of the bank. Completing these dual tasks is …