China’s central bank closed the door on privately issued digital tokens tied to the yuan on Friday, marking the country’s firmest stance yet against cryptocurrencies that mimic its national currency.
Tagged By financials
UK, China boost financial ties, deepen London’s role as offshore yuan hub
New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency.
Beijing Steps In To Stop Brutal Online Discount Wars
Beijing has stepped up scrutiny of China’s vast retail sector since 2025, as intense discounting and heavy subsidies squeeze profits. The pressure has already taken a toll. Meituan cited “irrational …
Hong Kong is getting its financial mojo back
Covid-19 lockdowns helped deter financial advisers and much of the Chinese business that once made Hong Kong Asia’s top financial hub. The market improved in 2025, when issuers sold over $80bn-worth …
China reveals its plan to challenge the US dollar for dominance. Could it ever work?
China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
China lets key policy lending rate fall to record low; Eurozone banks tighten corporate credit as uncertainty weighs
China has allowed the interest rate on a key one-year policy loan to banks to fall to a record low, reducing funding costs as policymakers seek to boost the country’s economic growth.
China’s financial powerhouse Shanghai aims for 5% growth, ‘global influence’
Chinese megacity ranks in the world’s five most powerful metros after New York, Tokyo and Los Angeles, with a GDP of 5.67 trillion yuan.
China’s new century of credit
“Over the past two decades, China has transformed its banking sector from a system of state-directed credit allocation into a technologically sophisticated commercial banking system,” says Bedford, …
China pushes to shore up government finances with tax rises on several sectors
Beijing targets tax incentives in telecoms and other industries after seeing fiscal revenue drop sharply in late 2025.
Why is Britain STILL backing bank captured by Beijing?
Calls to reconsider ties with the Asian Infrastructure Investment Bank grew after Sir Keir Starmer was accused of kowtowing to China’s increasingly authoritarian regime.
China’s Multilateral Bet and the Emerging Global Financial Order
China’s creation and evolution of the Asian Infrastructure Investment Bank illustrates a strategy of shaping, rather than overturning, the global financial order by working within multilateral norms …
In China, the most cutting-edge AI is stepping into everyday life
BEIJING, Jan. 30, 2026 /PRNewswire/ — A news report from China.org.cn on China’s AI application: Anyone who has watched “Iron Man” has likely dreamed of having a J.A.R.V.I.S. of their own — highly …
China plans US$29 bil capital injection into biggest insurers — Bloomberg
It would be the first time Beijing has used special bonds to inject capital into insurers, expanding a channel the government has previously used to capitalise big state-owned banks.
