China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest push for the use of the currency as the world grapples with the onslaught of…
Tagged By financials
Rethinking China’s renminbi strategy in a fragmenting global economy
In a fragmenting global economy, China’s push to internationalise the renminbi reveals how economic and financial linkages are being selectively reshaped by Beijing in response to growing geopolitical …
China pushes for more bank mergers to make financial sector shockproof
A system with more big banks and brokerages would help “shape China’s financial policies in the long period of economic transitions that lies ahead . . . and can help de-risking the system in the …
China’s central bank cranks up market liquidity to accelerate economic growth
The People’s Bank of China (PBC), the country’s central bank, on Monday continued to inject new liquidity into the financial system through open market operations, as the authorities step up policy …
The US Navy Is Smiling: China May Never Build A Nuclear-Powered Aircraft Carrier
China’s ambition to build nuclear-powered aircraft carriers (Type 004 concept) to match US global naval power faces significant and likely protracted hurdles. -As of April 2025, no such vessel exists.
China unveils draft rules on e-commerce fees to help ease pressure on merchants
China’s top market regulator on Sunday released a draft proposal aimed at curbing the fees online platforms charge third-party vendors. The plan marks the latest move by Beijing to offer relief to …
China’s battery giant eyes global domination in Trump era
CATL pulled off the world’s biggest stock listing so far this year. But the global maker of EV batteries has become caught in the US-China trade rift.
China’s ‘special forces’ tourists flock to Hong Kong but spend little
When Carol Wang, a 21-year-old from eastern China, whizzed into Hong Kong to catch the sights, she stayed for just one day and spent barely HK$400 (US$51), preferring to eat and sleep across the …
Chinese vice-premier meets US finance chiefs amid Beijing’s trade war charm offensive
He Lifeng told senior executives from Citigroup and Carlyle Group that the country’s economy was showing ‘resilience and vitality’.
New data shows China is bypassing US tariffs in crucial industry: ‘China will not slow down its efforts’
Despite the United States’ steep tariffs on Chinese imports, the country seems poised for continued growth in the clean energy sector, according to the Financial Times. China is a huge manufacturer …
China tightens oversight on platforms spreading financial misinformation
BEIJING — China’s cyberspace regulator, in collaboration with financial regulators, has recently targeted and shut down a series of accounts and websites spreading false information about capital …
Navigating the Complex Web of US-China Trade Relations and Technological Rivalry in 2025
That’s the nature of the beast,” Ray Dalio said in an interview with Fox News last week, summarizing the tension that characterizes today’s US-China trade and technology reality. As the world observes …
Apple’s Tim Cook thought he had a Plan B for Trump’s tariffs. It wasn’t enough.
Apple’s efforts to diversify its production away from China have been undermined by President Trump’s renewed threat to impose a 25% tariff on iPhones not made in the US.
