Chinese, German banks issue first batch of $140m funds
The China Development Bank and Landesbank Baden-Wurttemberg, a major bank of Germany, have issued the first batch of 1 billion yuan ($140 million) of funds for areas such as small…
PBOC governor, Fed chairman hold meeting
Governor of the People’s Bank of China Pan Gongsheng met with US Federal Reserve Chairman Jerome Powell on the sidelines of the Spring Meetings of the International Monetary Fund and…
Chinese yuan fourth biggest payment currency
A cashier counts RMB notes in a bank in Haian, Jiangsu province. The Chinese yuan has ranked as the world’s fourth biggest payment currency for the fifth month in a…
Financial literacy highlighted for investors
A staff member of the Bank of Communications Beijing Branch instructs a visitor to open a digital RMB wallet on a mobile phone at Beijing Happy Valley, on June 16,…
Accommodative monetary policy seen
The financial district of Pudong New Area. China’s monetary policy is likely to remain accommodative — and further easing might ensue if economic recovery fails to maintain the momentum gained…
New measures unveiled to further boost capital markets
China unveiled new measures on Friday to enhance the connectivity between mainland and Hong Kong capital markets as the country’s latest step to expand its financial opening-up and reinforce Hong…
Insiders shrug off volatility in stock market
An investor looks at share prices at a brokerage in Fuyang, Anhui province. Recent volatility in the A-share market is normal and upward momentum in the market is quite solid…
Spotlight on decade of Jaguar Land Rover’s charitable works
The Dream-Building Corner in the Jaguar Land Rover dealership in Beijing’s Sihui area. At the Jaguar Land Rover dealership in Beijing’s Sihui area, a special section was set up last…
Tesla pulls a U-turn on affordable vehicle plans
Tesla showcases its models at the Beijing auto show in 2020. Tesla has canceled its long-promised inexpensive car that investors have been counting on to drive its growth into a…
Chinese NEV makers encouraged to develop oversea markets: MIIT
Visitors look at an electric MG Cyberster during the 45th Bangkok International Motor Show in Bangkok, Thailand, March 27, 2024. The Ministry of Industry and Information Technology, China’s top industry…