The launch of the world’s first regulated offshore yuan-linked stablecoin in Kazakhstan this month is part of Beijing’s plan to use the blockchain technology for cross-border trade, an executive at a …
China’s external financial assets top $1.77t
BEIJING — The external financial assets of China’s banking sector topped $1.77 trillion at the end of June this year, official data showed on Monday.
China’s external financial assets top $1.77t
BEIJING — The external financial assets of China’s banking sector topped $1.77 trillion at the end of June this year, official data showed on Monday.
China unveils $70 billion financing tools to bolster investment
China will deploy policy-based financial tools to the value of 500 billion yuan ($70.25 billion) to accelerate investment projects, the state’s planner said on Monday, as part of efforts to support …
China opens world’s highest bridge, breaking its own record
The Huajiang Grand Canyon Bridge soars about 2,050 feet above a river in Guizhou province, more than twice as high as its highest counterpart in the U.S.
Old video of Chinese, Philippine ships in South China Sea misrepresented as Bangladesh incident
As Bangladesh and the United States wrapped up joint air force drills in the port city of Chattogram in September, an old video circulated in social media posts that falsely claimed it showed a …
China’s industrial profits returned to growth in August. Here’s what drove the sharp rebound
Profits rose 20.4% in August from a year earlier, reversing three months of consecutive declines, according to data released by the National Bureau of Statistics.
China Inc.’s Already Low Profit Margins at Risk From US Tariffs
Chinese firms are mostly less profitable than comparable US companies, leaving exporters at risk of a further hit to earnings as President Donald Trump’s tariffs sap demand, according to new research from Bloomberg Economics.
Substantial pent-up demand for retail C-REITs in China: CapitaLand Investment
Puah Tze Shyang, CEO of CapitaLand Investment (China), says the REIT sector in China is on a positive trajectory thanks to abundant liquidity and strong domestic institutional interest, with insurance …
China’s September LNG Imports Seen Declining for Eleventh Month
China’s imports of liquefied natural gas in September are poised to drop more than a fifth from a year ago, extending a slump in purchases as domestic supplies and piped flows remain robust.