China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen as an official attempt to ... ( read original story ...)
Shanghai releases cross-border financial action plan
An action plan to further improve the facilitation of cross-border financial services provided in Shanghai was released on Monday, aiming to step up the support for Chinese companies' outbound reach ... ( read original story ...)
BYD Engages Full Dragon Mode On Shanghai Show EV Concepts
BYD will unveil two bold concept cars at the 2025 Shanghai Auto Show, blending Chinese mythology with the tuning culture ... ( read original story ...)
CATL Teases Five-Minute EV Charging With Longer Range Than BYD
Contemporary Amperex Technology Co. Ltd., the world’s biggest producer of batteries for electric vehicles, unveiled the latest versions of its cells, playing up the durability and range of its ... ( read original story ...)
China installs gold ATM that verifies purity, credits amount in bank account in 30 minutes. Watch
The ATM has been witnessing long queues of people trying to sell off their generational gold. Users need to book an appointment to use it and according to reports, appointment slots till May are full. ( read original story ...)
At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the ... ( read original story ...)
Deutsche Bank Sees China Clients Eye Shift to Europe From US
Chinese clients have reduced some of their Treasuries holdings in favor of European debt as President Donald Trump’s tariff deluge fuels an exodus from US assets, according to Deutsche Bank AG. ( read original story ...)