Business
Former central bank deputy governor to head Bank of China: sources
China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two…
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China
Business
JPMorgan sees broad-based recovery, more interest in China
Wall Street firms have overall pulled back from the world’s second-largest economy, with their combined exposure, which includes lending,…
Business
JPMorgan is long-term in China despite pressure, Dimon says
JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between…
Business
US to keep China chip curbs, spurning Nvidia’s call for relief
The Trump administration will maintain efforts to keep advanced artificial intelligence (AI) technology out of China’s hands, a top White…
Business
LVMH said to warn of continued luxury weakness on China woes
LVMH is warning investors and analysts that demand remains soft after the luxury conglomerate missed revenue estimates for the first three…
Politics
Target says it can adapt and offset tariff costs, is reducing reliance on China
Target Corp. said Wednesday it can "offset the vast majority" of impacts from President Trump's tariffs, as major retailers report…
Politics
China reacts to Trump's "Golden Dome" missile shield
By Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and…
Politics
China threatens enforcers of US’s Huawei curbs with legal action
A said it could take legal action against anyone enforcing US restrictions on using Huawei Technologies’ artificial intelligence (AI)…
Business
Nvidia says US export controls on AI chips to China were ‘a failure’
The world’s second-largest economy to invest aggressively to develop a supply chain that does not rely on manufacturers outside the…
Politics
China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
(Bloomberg) -- China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the…
Business
CapitaLand Investment launches 5 billion yuan China fund
CapitaLand Investment (CLI) on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund,…
Business
US sets the stage for duties on battery materials from China
The US Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding…
Politics
Oil prices little changed on geopolitical uncertainty, weak China demand signals
Oil prices were little changed on Tuesday (May 20) due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new…
Business
Asia: Markets rebound to track Wall Street up as China cuts rates
Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also…
Business
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its…
Business
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend…
Politics
Trump’s China Tariff Deal Is About to Come Back to Bite Him
The president’s tariffs on China appear to have backfired. Last week, Treasury Secretary Scott Bessent announced that U.S. tariffs on…
Business
Trade truce with China is hailed, but it may not be enough to stop shortages
WASHINGTON — China and the United States retreated from an emerging economic crisis on Monday, agreeing to drastically reduce tariffs on…
Politics
Far-right German lawmaker Krah investigated over China bribery claims
German prosecutors on Friday opened an investigation into far-right lawmaker Maximilian Krah in connection with bribery by China and money…
Business
Nvidia modifies H20 chip for China to overcome US export controls: sources
Nvidia plans to release a downgraded version of its H20 artificial intelligence (AI) chip for China in the next two months, following US…
Business
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value…
Politics
US sanctions on China refiners over Iran oil disrupt operations: sources
Recent US sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led them to sell…
News
Moon dust 'rarer than gold' arrives in UK from China
The first samples of Moon rock brought back to Earth in nearly 50 years have arrived in the UK - on loan from China. The tiny grains of…
Business
Luxury labels ditch steep China discounts to rebuild brand value
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy…