BEIJING, June 17 (Reuters) – China’s industry ministry called for “looking beyond the surface of data” in analysing economic operations in a meeting with local industry officials on Wednesday, an …
China’s new home prices fall faster in May as property slump persists despite big-city resilience
China’s new home prices saw a 0.2% dip in May from April, marking a steeper decline and a 3.5% year-on-year fall. While larger cities show signs of stabilization with price increases, smaller cities …
Panda bonds and renminbi: What may China offer Bangladesh ahead of PM’s visit
To cement these financial linkages on the ground, Beijing has additionally floated proposals to sign a bilateral currency swap agreement, upgrade the existing Bangladesh-China investment agreement, an …
China pushes for AI safety as G7 summit wraps up without Beijing
China included artificial intelligence in its global governance whitepaper published Wednesday, and said Beijing was speeding up cooperation efforts.
Lululemon yoga event on Great Wall of China causes Japanese drum furor
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 …