China’s weak recovery and the risk of a more protracted property crisis could further dent Asia’s economic prospects, the International Monetary Fund (IMF) said on Friday, warning of a cloudier outlook for the once fast-growing…
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PBOC emphasizes security in China’s digital finance evolution
China’s central bank, the People’s Bank of China (PBOC), is spearheading the nation’s evolution into digital finance, emphasizing the importance of security, cost-efficiency, and misuse prevention.
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture and future economic communications,
China’s trade slump eases, boosting recovery hopes, but challenges persist
China released a mixed batch of economic data on Friday showing a slump in exports and imports was gradually easing, but lingering deflationary pressures underlined the challenges policymakers face in …
Sentencing given in child abduction case in Shenzhen
A defendant surnamed Wu was sentenced to five years in prison for the crime of kidnapping two children, while another one also surnamed Wu was sentenced to two years in prison for concealing evidence …
Shocking video appears to show Israeli Embassy staffer being stabbed in Beijing on ‘day of Jihad’
Harrowing video caught the moment a staffer at the Israeli Embassy in Beijing was stabbed on a sidewalk – on the day that Hamas’ former leader called on all members of Islam to wage a…
Israel war live updates: Israeli embassy staffer reportedly attacked in Beijing after Hamas calls for ‘Day of Rage’
Israeli officials said its Gaza siege won’t be lifted until hostages taken by Hamas are returned home. Follow the Post’s live updates for the latest news, reactions, heroic stories, photos
Israeli diplomat attacked in Beijing
An Israeli embassy official was attacked on Friday in Beijing, China, as Hamas called for a day of global “mobilization” against the Jewish people.The attack did not occur inside the embassy compound and the diplomat…
EU warns China that European public could turn more protectionist if trade deficit isn’t reduced
The European Union’s top foreign policy official has warned that public sentiment in Europe could turn more protectionist if the bloc’s trade deficit with China is not reduced.
IMF Warns of Spillover Risks From China’s Property Sector Slump
International Monetary Fund economists warned that China’s real estate sector downturn could erode growth prospects in the Asia Pacific region, which is already seeing signs of its recovery losing …
How China left the world far behind in the EV battery race
Not because it could not make cars that people wanted, but because it had not developed a crucial technology – lithium ion batteries – that would power them in the 21st century. While countries are…
China’s Sept new bank lending jumps less than expected
China’s new bank loans came in softer than expected in September, figures from the central bank showed on Friday, even as it strives to bolster a shaky economic recovery amid tepid demand.Chinese …
Country Garden founder Yeung Kwok-keung shows up in public as China’s developers perceive heightened Beijing scrutiny
Yeung Kwok-keung’s visit to a Guangdong construction site comes as the sector’s embattled companies and their billionaire bosses strive to show their dedication to delivering housing and clearing …