Huawei and Apple bend to a tougher market with foldable phones as memory crunch bites
Highly anticipated foldable launches from Apple and Huawei Technologies next week are expected to offer a much-needed lifeline…
Open Questions | US economist Barry Eichengreen on reality of de-dollarisation and next currency reshuffle
Barry Eichengreen is a leading American economist and one of the world’s foremost experts on international monetary systems.…
Hong Kong’s US dollar peg explained: history, benefits and risks
As international investors diversify away from US dollar assets and amid the rise of internationalisation of the yuan,…
European companies ‘becoming more reliant on China, not less’, EU chamber chief says
Europe’s push to reduce its dependence on China is driving many of its companies deeper into Chinese supply…
Open Questions | Economist Richard Koo on China and Japan’s shared ‘battle against time’
Nomura Research Institute chief economist Richard Koo is well-known for his “balance sheet recession” interpretation of Japan’s economic…
The panda bonds: how China uses assets to boost yuan’s profile, cement partnerships
Brazil is set to become the latest major economy to issue panda bonds – yuan-denominated debt sold in…
China pledges support for trading of treasury bond futures in Hong Kong
China will double down on its support for Hong Kong as a global hub for the offshore yuan,…
China to raise power prices for energy-intensive sectors in green transition push
Beijing plans to increase electricity prices on nine energy-intensive sectors in a move to speed up the green…
95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll
The global business appetite for China’s yuan is strengthening as Beijing’s long-term campaign to internationalise its currency gains…
China’s investment-driven role in global growth is underestimated, study says
China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong…
Open Questions | Hong Kong must embrace ‘bipolar’ role to thrive in ‘Stage 3.0’: ex-HKEX boss Charles Li
Charles Li Xiaojia, the longest-serving CEO of Hong Kong Exchanges and Clearing (HKEX), defined a decade of city…
China’s yuan gains ground in international trade with room to grow, Goldman Sachs says
China-linked trade settlements in yuan grew from 13 per cent in 2019 to 30 per cent last year,…