China’s economy tsar He Lifeng has been appointed as head of office of Central Financial Commission, according to a central bank publication Financial News report on Monday. He was also appointed as …
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China Tries to Lure Its Unemployed Youth to the Countryside
Communist Party seeks to deploy hundreds of thousands to rural communities, aiming to keep young people busy while city jobs are scarce …
The Bank Of China Just Issued Ethereum Assets Worth $28 Million – Forbes
Bank of China International has made a strong move towards embracing digital assets, but will it … last?The Bank of China’s recent issuance of $28 million …
Global funds dumped another $3 bln in China stocks in Oct -Morgan Stanley
China and Hong Kong equities saw a combined $3.1 billion in … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals …
Huawei and Tencent advance in global patent holdings as China fosters own tech, report says
Chinese companies have accelerated in global patent holdings amid growing U.S.-China tensions, according to a Nikkei Asia report.
China Premier Li seeks to bolster his country’s economic outlook at Shanghai trade fair
and international business environment,” Li said at the opening. Foreign businesses have complained of a worsening investment environment in China, particularly with the passage of new legislation …
Former Google China President’s Startup 0.1AI Hits $1B Valuation, Outperforms Meta’s Llama 2
Despite political tensions and US restrictions on AI semiconductor sales to China, 01.AI has secured the chips for the … Tesla CEO Elon Musk Vows’ None Of My Companies’ Will Ever Create A Crypto …
China’s import expo earns global recognition for promoting development and cooperation
The sixth China International Import Expo, which started here on Sunday, received acclaim from foreign leaders and officials for its contributions to providing business opportunities to global enterprises, fostering international trade and cooperation, and promoting…
China sends strong opening-up signals at post-COVID import expo
The world’s first import-themed national-level expo, the CIIE was personally planned, proposed, deployed and promoted by Chinese President Xi Jinping, for the very purpose of expanding China’s opening up and turning the enormous market into…
Hong Kong’s IPO market is still in a slump despite an expected rebound
Hong Kong’s initial public listing market remains in a slump, even as analysts expect the market to recover in the second half of the year.
Big Name Brands Expect Sales Decline As Chinese Consumers Cut Back
Beauty company Estee Lauder said Wednesday that it expects sales to decline by 2% in 2024 compared to this year, down from an earlier growth estimate of between 5% and 7% in 2024. Fabrizio Freda,…
China’s fintech dilemma – beloved by small business, distrusted by regulators
In years past, Cheng Cunwang – an organic farmer who has been cultivating crops for more than a decade on the outskirts of Beijing – would have had few options for financing outside China’s massive…
How China can reassure nervous foreign investors before it’s too late
While US security moves only target and affect Chinese investments and trade, China’s responses are rattling investors around the world For a start, Beijing must tamp down its high-profile …