China expands oversight of major banks amid property sector risks
China has expanded its list of domestic systemically important banks (D-SIBs) – institutions subject to tighter regulatory standards…
Fading US dollar trust threatens world economy, ex-IMF official warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
China keen to realise digital yuan ambitions amid slow uptake
More than a month after China’s central bank upgraded the digital yuan from a cash equivalent to “digital…
In the age of Trump, are ‘safe-haven’ US assets not so safe any more?
For decades, the US dollar has served as the currency of global reserve, the de facto anchor for…
As Trump urges cap on credit card rates, could China follow suit for online loans?
US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent…
How China’s global investment model is changing – and what it means for the yuan
Foreign direct investment (FDI) has been a crucial pillar of China’s economy since it opened up, drawing in…
China has logged a US$1 trillion trade surplus. Where is all that money going?
Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing…
China’s offshore yuan breaks major benchmark as appreciation momentum builds
China’s offshore yuan strengthened further on Thursday, dipping below the benchmark rate of seven against the US dollar…
China expands digital-yuan push to Singapore and Asean trade routes
In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…
China issues 11-point policy package to boost consumer spending amid slowing retail sales
China has announced a new policy package to boost household spending by tightening coordination between commerce and financial…
China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…