Activewear brand Lululemon is in hot water in China after a promotional event held on the Great Wall appeared to mistakenly feature a Japanese drum – setting off an online furor.
Exclusive-US holds off blacklisting China’s DeepSeek, more than 100 firms deemed security risks, sources say
By Karen Freifeld June 16 (Reuters) – The U.S. has held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade …
China makes new push to take yuan global, vows vigilance against financial risks
SHANGHAI, June 17 (Reuters) – China announced fresh measures on Wednesday to promote the global use of the yuan and unveiled plans to better manage domestic money market liquidity. Pan Gongsheng, …
Nepal’s foreign minister visits China after first calling on regional rival India
By Joe Cash BEIJING, June 16 (Reuters) – Nepalese Foreign Minister Shisir Khanal met China’s top diplomat Wang Yi on Monday, his first trip to the neighbouring superpower since his party swept to …
China’s mBridge Threatens SWIFT, XRP, XLM and the Dollar’s Role in Cross-Border Payments
China is commercializing mBridge, a CBDC-based cross-border payments network. The platform has processed about $69 billion in transactions, mostly using the digital yuan. mBridge …
Nepal’s foreign minister visits China after calling on regional rival India
BEIJING, June 16 (Reuters) – Nepalese Foreign Minister Shisir Khanal met China’s top diplomat Wang Yi on Monday, his first trip to the neighbouring superpower since his party swept to election …
China could strike key US ally in Pacific—report
Australian territory is within striking range of Chinese missiles, but the real threat is to Australia’s supply lines.
China’s Property Stocks Tumble Back to Pre-2024 Stimulus Levels
Chinese property stocks have slid back to levels seen before a raft of stimulus measures from the authorities in September 2024 drove a market turnaround, underscoring lingering pessimism over the …
China’s new home prices fall at faster pace in May on soft demand
By Liangping Gao, Yukun Zhang and Ryan Woo BEIJING, June 16 (Reuters) – China’s new home prices fell at a slightly faster pace in May, official data showed on Tuesday, as the crisis-hit property …
China’s Spending Slowdown Deepens as Households Tighten Their Belts
The unexpected decline in retail sales underscored China’s growing reliance on exports to sustain economic growth as domestic demand continues to falter.