As calls grow for Beijing to embrace digital currencies, e-payment giants seen as aiding yuan’s global push.
Shanghai-bound Shandong Airlines flight diverted because of ‘aircraft malfunction’, lands safely in eastern China.
29 Jun 2025 - 2:06AM videocam
Survey of central banks shows concern over long-term viability of US dollar, but not enough for the yuan or other currencies to supplant it.
Escalating Israel-Iran conflict could disrupt oil trade and shake markets, analysts say.
23 Jun 2025 - 3:54PM videocam
With the US dollar sagging, China’s central bank has strengthened the midpoint rate for the country’s currency in recent days.
13 Jun 2025 - 5:32PM videocam
Spot gold price surged to US$3,444 after Israel’s strikes on Iran.
13 Jun 2025 - 2:26PM videocam
The home-grown aircraft overcomes final regulatory hurdle as Beijing seeks to reduce dependence on foreign tech.
12 Jun 2025 - 11:10AM videocam
Chinese and Indian firms are pulling back from selling on credit as the risk of defaults rises, new report finds.
China needs to move swiftly to turn new technologies into real-world products, Premier Li Qiang says.
10 Jun 2025 - 5:08PM videocam
The country’s consumer price index dropped by 0.1 per cent last month, while prices at the factory gate were down 3.3 per cent.
9 Jun 2025 - 6:44PM videocam
Beijing says it is ‘willing to enhance communication’ on strategic minerals, which have taken centre stage in US-China trade negotiations.
8 Jun 2025 - 3:25PM videocam
Beijing targets a booming data industry, turning some regions into digital leaders to advance cutting-edge tech.
Beijing is doubling down on efforts to produce home-grown aircraft amid a US push to restrict sales of jet engine technology to China.
5 Jun 2025 - 5:30PM videocam
Washington has accused Beijing of failing to meet commitment made last month to lift restrictions on exports of seven key minerals.
New paper argues tariffs curb wasteful investment, but analysts warn findings may not apply to current China–US trade tensions.
2 Jun 2025 - 3:00PM videocam
But Lian Ping cautions that cutting China off from Swift interbank system or freezing its US dollar assets would also hurt America.
Millions of US dollars could be added to cost of a plane imported from US, with production of home-grown passenger jets to also be affected.
In the wake of tariff turmoil and Washington’s ‘Big Beautiful Bill’, analysts are questioning safety of US assets while yuan’s resilience turns heads.
27 May 2025 - 11:00PM videocam
Chinese premier holds talks with Indonesian President Prabowo Subianto on second day of trip to Southeast Asia’s biggest economy.
Export decline last month was led by an 8.3 per cent drop in the city’s general trade, and analyst deems Shenzhen’s export performance ‘volatile’ over last four months.
Trump is pushing Europe and China to cooperate more closely despite disagreements, according to former trade negotiator.
Cuts come amid Beijing’s broader efforts to revive China’s real estate sector, which has been a persistent drag on the economy.
Beijing is still tightening its grip over supplies of rare earths and other key minerals despite the tariff truce, allowing it to cut off US access at will.
20 May 2025 - 6:05AM videocam
China’s exports and industrial output beat market expectations in April, despite the impact of US tariffs.
Beijing has gained greater urgency in its push to rebalance the economy and make it less vulnerable to US tariffs, analysts say.
16 May 2025 - 3:16PM videocam
America is reliant on mainland companies for the raw materials needed to make life-saving drugs, but experts say duties are likely.
Hainan, a tropical island in southern China, has special customs policies allowing shops to maintain low prices even amid sky-high tariffs.
10 May 2025 - 12:00PM videocam
The first deal in Donald Trump’s trade war may carry symbolic value, but analysts said it would have a limited effect in talks with China.
A week after the passage of a law on China’s private economy, officials said the bill will ‘unleash’ the potential of the non-state sector.
9 May 2025 - 1:08PM videocam
Canton Fair’s strong overseas attendance figures surprised exhibitors and analysts, but transaction volume failed to beat pre-pandemic heights.