Chinese exporters are facing rising shipping costs amid a shortage of containers which was worsened by the recent Suez Canal blockage. "Shipping costs of a 40-foot-container from Tianjin to the…
YUAN TALKS
Chinese telecommunications giant Huawei Technologies Co. suffered the the first drop in quarterly sales as US sanctions hammered its business and sales outside of China declined particularly hard. Revenue in…
China’s factory activity expanded at the fastest pace in three months and the services sector's growth hit the highest in four months, indicating a recovery of the manufacturing sector as…
FTSE Russell confirms inclusion of Chinese government bonds to flagship World Index starting October
FTSE Russell confirms inclusion of Chinese government bonds to flagship World Index starting October
Index provider FTSE Russell said on Tuesday that it would go ahead with its plan to include Chinese government bonds in a flagship bond index starting in October, marking the…
Xiaomi, one of China’s largest smartphone and gadget makers, is joining the fray in the country’s booming electric vehicle industry, announcing a long-anticipated plan to produce smart electric cars in the world’s…
Chinese video-streaming company Bilibili lost 1 per cent loss on the first day of trading in Hong Kong, after completing a $2.6 billion secondary offering in the city. A slump…
China’s central bank has started to seek public feedback on a policy document to overhaul the country’s credit rating industry, following a series of bond defaults by state-backed firms. The credit rating…
Profits at China’s industrial firms rose 179 per cent year-on-year in the first two months of 2021 to 1.114 trillion yuan ($170.31 billion), according to figures released by the National…
China announced 24 measures to boost new types of consumption, including accelerating "new infrastructure" construction and rollout of pilot programs for the sovereign digital currency, as part of efforts to…
China’s sovereign digital currency is aimed at maintaining financial stability by providing a backup should “something happen” to Alipay and Tencent’s WeChat Pay, the two dominant digital payment platforms in…
China's Hubei provinces issued new bonds on Thursday, marking the first issuance of new local government bonds this year. Meanwhile, the authorities now allows local governments to use proceeds of…
The Chinese government are offering more tax cuts for research and development in the manufacturing sector and calling for expansion of financing channels and increased use of emerging technologies to…
Chinese smartphone maker Xiaomi Corp’s fourth-quarter profit surged to beat market expectations on the back of expanded sales and global market share, as the company defied a US investment ban…
China's capital city of Beijing joined a parade of Chinese regions to crack down on illicit borrowings through business operating loans to speculate in the housing market, in a broader…
Chinese internet giant Tencent Holdings Ltd's revenue grew 26 per cent in the fourth quarter last year partly driven by surging revenue from online gaming business. Its revenue increased to…
Six largest state-owned commercial banks in China have started accepting public applications to open trial on digital-yuan wallets, part of a move to pave the way for the digital currency's…
Baidu, China’s dominant internet search engine company, started trading in Hong Kong with less than 1 per cent premium after completing its HK$23.7 billion ($3.05 billion) stock offering, underperforming recent big technology listings…
The People's Bank of China (PBOC) kept its benchmark lending rate unchanged for the 11th consecutive month, in a further sign policymakers are proceeding cautiously to maintain sufficient support for…