What do you think is unique about the China model?” That was the question posed to me by a television reporter, last time I was in Beijing. My answer was that I don’t think there…
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China reforms bank deposit rate system to unleash liquidity for small businesses
The People’s Bank of China (PBOC) has changed the way banks calculate deposit rates, lowering fundraising costs for financial institutions to ensure liquidity for small businesses.
Coronavirus: mass testing in Dongguan as China tries to keep lid on Covid-19
Covid-19 has dominated infections in the provincial upsurge, the first time it has hit China. Seen by experts as highly transmissible, the variant was first identified in India. Dongguan launched a …
Hi-tech hub Shenzhen allows firms to impose no-pay leave on workers who refuse Covid-19 testing
The measure forms part of the Shenzhen government’s zero-tolerance approach to sporadic coronavirus infections in the hi-tech hub.
Rogers Stirk Harbour + Partners Design Elevated Metallic Commercial Tower in Shenzhen
RSHP have won the design competition of the Qianhai Financial Holdings Headquarter Tower, a mixed-use commercial building in the center of the Qianhai district …
China is logically cracking down on its private tutoring sector, but why is Beijing taming it now?
An infamous slogan from a private education institution in China targeting toddlers states, “you can train your kid with us here, or we train his competitors”. It is lines like this that convince …
China administers more than 1B COVID-19 vaccine doses
Health officials in China said they have administrated more than 1 billion doses of COVID-19 vaccines. The Chinese National Health Commission said in a statement Sunday that as of the day prior it has …
Will China become the centre of the world economy?
The global economy is shifting away from the US and Europe towards Asia. The FT’s global China editor James Kynge and FT economics commentator Martin Sandbu discuss whether China will dominate global …
AgBank falls in step with China’s cryptocurrency crackdown
Agriculture Bank of China (AgBank), the country’s third largest lender by assets, said on Monday that it was following guidance from the central bank to clamp down on cryptocurrency trading and mining …
China has administered more than 1 billion doses of its Covid-19 vaccines
As of Saturday, 1,010,489,000 doses had been given to people in China, and more than 100 million doses were administered in six days.
Bitcoin slumps in wake of China crackdown
By Tom Wilson and Kevin Buckland LONDON/TOKYO (Reuters) -Bitcoin tumbled as much as 9% on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market …
Cryptocurrencies tumble amid China crackdown on bitcoin miners
Cryptocurrencies tumbled on Monday as China’s crackdown on bitcoin mining expanded to the province of Sichuan.
US-China rivalry is extending from Earth into space. That poses a challenge to American dominance
CNN has today launched the Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here.