Chinese banks join the space race with satellite launches and rocket backing
Banks do not usually build space assets, but in China, lenders are increasingly leasing satellites, funding rocket firms…
China suffers unprecedented double rocket launch failures in a single day
In a historic blow to its space programme, China suffered two rocket launch failures in a single day…
China’s tech self-sufficiency powers stock boom and helps it shake off economic malaise
Nearly a year after DeepSeek’s AI breakthrough rattled global markets, mainland China is entering 2026 with a fresh…
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…
Fighting back: Beijing builds its own ‘small yard, high fence’ to shut out US tech
“Small yard, high fence” was how Jake Sullivan, national security adviser under President Joe Biden, described US tech…
China dumps more US debt, buys other assets as Trump targets Powell
China trimmed its holdings of US Treasuries in November to the lowest level since 2008, diverging from a…
“A little over the top but it makes a statement” says commenter
In this week’s comments update, readers are discussing Tiffany & Co’s flagship store in Beijing, designed by Dutch…
China targets wealthy influencers with audits, fines as fiscal pressures rise
China has ramped up audits involving online influencers and high-wage earners, as part of broader efforts to expand…
China to cut relending rates, widen credit support for private sector and tech
China’s central bank is looking to pump 900 billion yuan (US$129.2 billion) worth of additional funds into private…
Hong Kong, Shenzhen ‘to deepen’ ties in finance and AI to build world-class fintech hub
Hong Kong and Shenzhen can work closely to empower finance with artificial intelligence, delegates said on Thursday at…
Why mortgage subsidies could be key to getting China’s consumers spending
China’s property downturn and sluggish consumer spending have become twin anchors weighing down the economy over the past…
MVRDV drapes glass veil around Tiffany & Co flagship in Beijing
A curving glass veil that appears to be “constantly changing as you move” cloaks the exterior of the…