Finance

China's forex market reports transactions of US$3.47 trillion in March - China Finance News
Finance

China's forex market reports transactions of US$3.47 trillion in March

China's foreign exchange market recorded transactions worth a total of 24.64 trillion yuan (US$3.47 trillion) in March, official data showed on Friday.
Japanese yen slides below 155 to fresh 34-year low against dollar - China Finance News
Finance

Japanese yen slides below 155 to fresh 34-year low against dollar

The Japanese yen continued to drop against the US dollar to a fresh low in 34 years.
China details regulations on non-bank payment institutions - China Finance News
Finance

China details regulations on non-bank payment institutions

The People's Bank of China on Monday began to solicit public opinion on the detailed rules regulating the non-bank payment institutions.
Foreign-invested firms in China up 20.7% in Q1 - China Finance News
Finance

Foreign-invested firms in China up 20.7% in Q1

The number of newly established foreign-invested firms in China hit 12,000 in the first quarter of 2024, up 20.7 percent year on year.
Foreign holdings of Chinese bonds see net increase of over US$40 bln - China Finance News
Finance

Foreign holdings of Chinese bonds see net increase of over US$40 bln

Foreign investors saw a net increase of 41.6 billion US dollars in their holdings of China's domestic bonds in the first quarter of 2024, official data showed on Thursday.
China's yuan loans grow by US$1.33 trillion in Q1 - China Finance News
Finance

China's yuan loans grow by US$1.33 trillion in Q1

China's yuan-denominated loans rose by 9.46 trillion yuan (US$1.33 trillion) in the first quarter of this year
Chinese shares close higher Tuesday - China Finance News
Finance

Chinese shares close higher Tuesday

Chinese stocks closed higher Tuesday, with the benchmark Shanghai Composite Index up 0.05 percent to 3,048.54 points.
China's central bank unveils relending facility for sci-tech innovation - China Finance News
Finance

China's central bank unveils relending facility for sci-tech innovation

China's central bank on Sunday said it had established a special relending facility worth 500 billion yuan (US$70.47 billion) to support sci-tech innovation.
China to improve construction of financing credit service platforms - China Finance News
Finance

China to improve construction of financing credit service platforms

China has released an action plan on strengthening the building of financing credit service platforms to facilitate the financing of micro, small and medium-sized enterprises.
RMB retains 4th spot as currency for global payments: SWIFT - China Finance News
Finance

RMB retains 4th spot as currency for global payments: SWIFT

The Chinese currency renminbi (RMB), or the yuan, retained its spot as the fourth most active currency for global payments by value in February, according to a report.
China's int'l trade in goods, services reaches 4.04 trln yuan in March Shanghai Mayor meets with Carabobo Governor China steps up financing 'white list' mechanism to stabilize real estate market Huawei reclaims lost ground in Chinese market in Q1 Tesla posts Q1 results with declined revenue Tesla reportedly withdraws offers to graduating students Concerns raised over Huawei's latest phones amid claims they can 'undress women' HKSAR gov't cancels all property cooling measures China's used vehicle sales up 7.62% in Q1 Lamborghini deepens ties with China as it goes electric Shanghai plans to establish an IPR framework for foreign firms China flays overseas talk about 'overcapacity' A closer look at China's economic steadiness, vitality and potential Xuhui District launches copyright protection week China launches 504-qubit quantum chip, open to global users Tesla cuts prices nearly US$2,000 in China, in line with US cuts China to make housing development plans for 2024, 2025 Boeing reports net loss, revenue decrease in first quarter Huifu upgrades system to integrate payment and software China's auto exports soar 33.2% in Q1 New guideline bolsters financial support for rental housing market Shanghai accelerates AI model development with professional incubation base and upgraded models Xuhui District to distribute culture and tourism coupons worth 2.8 million yuan Financial services geared toward tech players US GDP growth slows to annual rate of 1.6% in Q1 Shanghai Mayor meets with John Swire & Sons (HK) Ltd Chairman Mercedes-Benz: China's R&D can lead the world Shanghai relaxes housing policies for non-locals Schneider Electric reaffirms its commitments to China Chinese company issues carbon-neutral earphones German airline's services back to pre-pandemic level NIO Power and SAIC-GM to interconnect charging network Hong Kong court orders liquidation of China's Evergrande Tencent to release 'Dungeon and Fighter' mobile game in May Bright extends its presence into the realm of sports China, Germany shore up synergy of green development Global experts highlight CRE's role in global logistics Four years on, int'l expo provides greater stage for global businesses With significant layoffs in China, Tesla hits speed bumps Dishui Lake Financial Bay construction speeding up China's first batch of AI PCs make their debut in Shanghai Cosmetics brand collaborates on peony innovation
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