BEIJING — Chinese lawmakers on Tuesday began the second reading of a draft revision to the banking supervision and regulation law, which aims to better protect consumers’ rights and interests.
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China’s biggest apps are inviting the West closer into its insular internet economy
WeChat Pay is integrating PayPal, and Bilibili launched an international app, signaling that China is opening up its insular internet economy.
Economic buzz: China’s central bank to conduct overnight reverse repos to manage short-term liquidity
Mumbai, Aug. 25 — The People’s Bank of China (PBOC) announced on Monday that it will conduct overnight reverse repo operations from Aug. 27 to Sept. 1 to better meet the short-term liquidity …
China’s Central Bank Shifts to Cutting Medium-Term, Boosting Short-Term Liquidity
(Yicai) Aug. 25 — The People’s Bank of China, the country’s central bank, is moderately withdrawing medium-term liquidity while ramping up short-term tools to offset month-end shortfalls.
Hang Seng Bank doubles down on wealth hubs despite Beijing’s tighter investment scrutiny
Hong Kong lender says it is expanding its workforce to capture rising demand from high-net-worth clients Hang Seng Bank says it continues to invest in its wealth centre network to capture growing …
Elon Musk Says China Is ‘By Far’ Strongest AI Competitor, Echoing 2011 Warning as SPCX Faces New Rocket Rival
Elon Musk said China is “by far” the strongest competitor in artificial intelligence, extending a warning he made 15 years ago that Beijing would ultimately become Space Exploration Technologies Corp.
How the US Can Reclaim the World Bank from China
The World Bank logo seen on a billboard in Jakarta, Indonesia, on July 15, 2026. The World Bank grants China a favorable position in international development finance. (Shutterstock/Poetra.RH) …
China adds eight banks as digital yuan operators, lifting the roster to 30
China’s central bank has approved eight more lenders to run digital yuan services. Beijing is attempting to make the currency an option for everyday and cross-border use. With the addition of these …
China Plans New Fiscal Support Policies This Year Amid Slowdown
China is considering additional assistance for domestic demand by offering loans subsidized by fiscal support and plans to roll them out in the second half of this year, as economic growth veers below …
Analysis-China tax crackdown forces wealthy investors to assess their offshore trusts
China’s new 20% tax on offshore trusts is driving wealthy investors to rethink international holdings and seek compliance amid tighter rule enforcement.
China pledges timely fiscal support to bolster growth
BEIJING, Aug 21 (Reuters) – China will roll out additional fiscal policy measures in response to economic developments, Vice Finance Minister Liao Min said on Friday, as growth slows in the world’s …
China gave firms loan collateral for collecting more data: USCC urges Congress
China data collateral rules let Chinese companies borrow against data assets while U.S. accounting standards prohibit the same, a new USCC report warns. Released August 18, the report finds Beijing is …
China sentenced Evergrande founder to life imprisonment over financial crimesPublished on: August 20, 2026 3:17 PM
Pakistan, Aug. 20 — China has sentenced Evergrande founder Hui Ka Yan to life imprisonment over financial crimes linked to the property giant’s collapse. A Shenzhen court also imposed a $1.31 billion …
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