Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People's Bank of China Shanghai head office said on Wednesday. ( read original story ...)
China Market Update: China’s Social Security Fund Told To Buy Stocks
Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff threat, which prompted profit-taking after six days of gains. ( read original story ...)
Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail. ( read original story ...)
Stock market today: Asian stocks are mixed as Trump’s talk of tariffs raises uncertainty
Asian stocks were mixed on Wednesday after U.S. President Donald Trump's latest comments on tariffs raised uncertainty in Chinese markets. U.S. futures edged higher and oil prices declined. Investors ... ( read original story ...)
China to Allow Foreign Intuitions to Offer New Types of Financial Services in Free Trade Zones
BEIJING (Reuters) - China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial services not yet available in the country in some free trade ... ( read original story ...)
China to allow foreign institutions to offer new types of financial services in free trade zones
China will grant foreign financial institutions the same treatment as domestic ones in offering new types of financial services not yet available in the country in some free trade zones, the central ... ( read original story ...)
China Levels the Playing Field for Foreign Financial Firms
China is set to grant foreign financial institutions the same treatment as domestic ones in offering innovative financial services within some free trade zones. This move, announced by the central ... ( read original story ...)