In its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto licensing.
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Famous brands facing huge issues in China
Once seen as a dream market with incredible potential, China has become a commercial nightmare for a long list of foreign brands. From tech giants and airlines to luxury fashion houses, key overseas …
CityUHK, China Unicom Win Award for Anti-Scam Efforts
Professor Tse (right) and Dr Meng present the project’s results at the summit. The Department of Media and Communication (COM) of the College of …
Oil inches higher in thin trade, investors focus on China, US data
Oil prices edged up on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world’s two largest oil…
China’s Dec manufacturing activity seen expanding for third month
China’s factory activity likely expanded for a third straight month in December, offering a glimmer of optimism to officials trying to steady the world’s No. 2 economy as they brace for further U.S. trade tariffs…
China’s record dividends build pressure on the Yuan
The dividend bonanza is adding pressure on the Chinese yuan already weighed by a resurgent dollar and the prospect of growing US-China tensions. The firms mostly pay dividends in Hong Kong dollars but …
Newly released pictures show Joe Biden meeting Hunter Biden’s Chinese business partners
Newly released pictures show then-Vice President Joe Biden meeting some of his son Hunter Biden’s Chinese business partners during an official visit to the country, as well as Hunter meeting Chinese …
China to cut import tariffs on some recycled copper and aluminum raw materials
China will reduce import tariffs on ethane and certain recycled copper and aluminum raw materials from next year, the government said on Saturday.
China’s industrial development in 2024: accelerating toward intelligent manufacturing
China’s industrial landscape has witnessed a series of exciting “firsts” and groundbreaking achievements which reflect the robust momentum of China’s manufacturing sector and underscore the country’s …
China’s firms are taking flight, worrying its rulers
Chinese firms invested a record $177bn in non-financial assets abroad. More than four-fifths is likely to have been ploughed into “greenfield” projects, in which assets are built rather than bought, …
32 western brands that are surprisingly owned by China
As the world battles to bounce back from the coronavirus pandemic, some analysts believe that China – already on a corporate spending spree – will snap up more struggling companies in the West. But …
China unveils prototype of world’s fastest train, capable of reaching 450 km/h
China has introduced the CR450 prototype, the world’s fastest high-speed train, achieving test speeds of 450 km/h. This innovation emphasizes safety, energy efficiency, and passenger comfort.
What China’s persistent deflation means for the world economy
China’s deflation spiral is proving difficult to reverse. Prices in the world’s second-largest economy could enter a record deflationary streak not seen since the 1990s.
